Unless you read, and then promptly burn, the copy, yes, it's correct. The point is that the printed copy might be passed on, at which point it's a clear violation of copyright.
> I believe courts have ruled that you can make copies for personal/backup reasons ...
These rulings apply to computer media, not printed works.
I blame EULAs for making people think this is all about contract and not copyright law.
If that action is unlawful I'd wager that 99% of offices around the world would be in breach.
A fair use defence of printing a copy of a PDF for personal consumption would probably hold up fine, in the same way that the Audio Home Recording Act establishes that it is legal in some circumstances to make copies of audio recordings for non-commercial personal use.
Yes, true, but that is not what is called "fair use".
http://en.wikipedia.org/wiki/Fair_use
"Fair use is a limitation and exception to the exclusive right granted by copyright law to the author of a creative work. In United States copyright law, fair use is a doctrine that permits limited use of copyrighted material without acquiring permission from the rights holders. Examples of fair use include commentary, search engines, criticism, news reporting, research, teaching, library archiving and scholarship. It provides for the legal, unlicensed citation or incorporation of copyrighted material in another author's work under a four-factor balancing test."
> A fair use defence of printing a copy of a PDF for personal consumption would probably hold up fine, in the same way that the Audio Home Recording Act establishes that it is legal in some circumstances to make copies of audio recordings for non-commercial personal use.
Again, yes, but you're describing another appropriate exception, not "fair use".
This might make sense at first glance, but in many cases it's a technical violation of copyright. When you buy a PDF, you're buying the right to read it, not reproduce it.