DVD perhaps yes, until the disc degrades.
BluRay no, because your player's keys can be revoked when you pop in a new disc.
Ok, how long do you have to rip & copy the content as you desire? It is still reasonably a forever version. Before you bring up laws around keys, first consider that jaywalking in front of your house is illegal too. Again, it is reasonably a forever version.
> BluRay no, because your player's keys can be revoked when you pop in a new disc
Wait what? How? How is that possibly legal?
DVD perhaps yes, until the disc degrades.
Which is the same constraint as pretty much any other physical item one might purchase. "reasonably a forever" is a reasonable description.