> It looks to me that is is legal to record it yourself, from the
> radio, tv, a borrowed CD or what ever.  Trading it is a little bit
> grey.

It's not grey at all.  The "fair use" doctrine allows you to record 
it for your own personal use; it does not allow you to give it to 
others.
  It is legal to borrow the CD and copy it though.

No, it's not.  Again, you may legally copy a CD which you own, as 
long as that copy is for your personal use only.

>  Trading is
> only one step removed from that.    

True.  Both are illegal.


=========================================
Jeffrey E. Salzberg, Lighting Designer
http://www.cloud9.net/~salzberg
=========================================
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