I don't really care how they bring in exceptions, as long as they do it.
Surely if I have brought some media, I am buying the right to watch it when and how I want to?
So if I have legally paid for something, I should be allowed to rip it, copy it, convert it and play it wherever I want, as long as its not for profit.
I am 100% behind FACT in cracking down on DVD/BluRay farms, they do cost the film industry money.
BUT someone who rips all films they buy onto his media center is also not a lost sale.
I'm less happy about parody usage of copyrighted material, since that is generally for profit and in those cases the copyright holder should be paid, whether its a fixed fee or something I don't know, but I know if I created a piece of music and it was used in a parody of some kind without paying me, or getting permission to use it gratis, then I would be angry!
But since the RIAA , MPAA & other industry players seem to control government thinking, I doubt we will ever get real protections for fair use in this country.