Generally, I pay for whatever content I download. I'd have to do some research to figure out how to rip a Netflix stream or export recorded video from my DVR. Ripping DVDs (and especially Blu-Rays) takes a bunch of time, and encoding the result can be hard to get right (embedding subtitles, choosing a codec and profile that works on most of my devices, etc). It's easier and faster to torrent it than do all the ripping and conversion myself. Not that I do it much anymore; I suspect that format-shifting wouldn't be a good legal defense. And I also suspect that my ISP (the only high-speed one in the area) would dump me as a customer at some point.