I can't really see the difference between copying a record and borrowing it off a library. If I like something I want a hard copy I can handle and keep on my shelves, rather than just a bunch of electrons floating round on a re-recordable disc.
When there's a film I like on TV, I often record it on tape. If I like it a lot I buy a prerecorded tape. I've taped singers at concerts, and then bought a CD off them at the end of the evening.