No. Digital copies being pirated are causing me financial harm. Fair use back up of a bluray is another bluray.
Not only is that EXACTLY what AnyDVD allows you to do, but how would your logic apply to Compaq copying the IBM PC BIOS to reverse engineer it and then make a legal clone? It had to exist as an intermediary file. By your standards, it's simply illegal.

Compaq had a team of lawyers to make sure that not even a single byte of IBM's copyrighted BIOS was copied into their compatible clone. They even isolated the teams disassembling the old BIOS and the teams writing the new BIOS.
Don't tell me that no one considers it a protection to be circumvented. Around 1999, while the DMCA was being pushed closer and closer, Nintendo out-right claimed that ROM chips were a form of copy protection and that your right to a backup only applied to software on discs/disks. Now that their software products are published on discs and are more fragile than ever, our right to back them up has been taken away by the DMCA.
I have a problem with that.
Sony is another example. They claimed that they had no way to predict that CD-RS would ever exist and that putting music on read-only CD was a form of copy protection. They stopped arguing that soon after they realized that it wasn't CD-RS that they had to worry about. They created all kinds of audio CD copy protections including root kits and the one that was easily defeated with a Sharpie marker. Their efforts created all kinds of problems and repair bills for Mac users who popped them in their slot load drives and found that they could no longer eject the disc. According to you, those users should have never tried to rip the disc to put it on their iPod. I guess they just should have pirated it then?