Yes. At most I have to pay a few cents for borrowing the pen.
Ok, so the most any "Pirate" must pay is the cost of the item. So instead of the $150,000 dollars, he would only pay $19.99
Well, the pen is different in that it wasn't a product that your friend explicitly sold for profit. If he was a pen dealer and you used a pen that he sells at 150,000 dollars, then you may not have to pay the whole price, but at least the price of the market value reduction from becoming a used item.
Or as many do, they purchase the item and use Pirated copies because they are easier to deal without the DRM.
That's in my view perfectly ok, so long as you don't spread the copy. I do that myself. Remember IP rights do not give a blank check to limit information usage in any way the creator wants. It must serve the purpose of economic exploitation (or privacy issues when that applies.) A DRM has no function for a legitimate user who does not pirate. The creator's intention is not to hamper the user experience, but to prevent piracy.
Although there is little doubt that were dealing with a pirated copy of Killers, this doesnt mean that Saudi Airlines doesnt have a license to show the film. Sometimes its just more convenient to deal with non-DRMed files than the copies that are provided through official channels.[/i]
Agreed, and it's just fair use. There's something screwy about the laws of society (particularly the banking/money laws which prevents micropayment systems), and to compensate for that screwiness in the way you described is not a violation of IP rights.
If I buy a new release DVD, and bring 50,000 friends to the Super-dome to watch it, I have done nothing wrong. Streaming DVD's is the same principle.
No, here you HAVE violated the conditions of the DVD. Fair use means watching it with your family (up to 5 people). 50,000 people is obviously distribution and is a violation of IP rights.
If I purchased a DVD, I can download it and watch if from a pirated source because I own the DVD.
Agreed.
It is just easier to move the file between systems because of the lack of DRM. If big companies can do it, why not me or others?
Agreed.
I might even want to add my own subtitles, to the film. What is wrong with that?
Nothing wrong with that.
I own the DVD. I own the content on that DVD. If they don't want me to have the content, don't sell it to me.
Well, you own the instantiation of the content on the DVD, but you don't own the distribution rights.
If I go over a friends house and he gives me a DVD, it is now mine. All right to the property have been transferred.
That's true, so long as he has actually not made a copy of it and that you now are watching a duplicate.