No your not, heres the story..
My PC crashed one day and I could no longer log on into my account so I set up a new one. I also had lost ALL my settings so had to basically set up the PC to how I wanted it again.
When I first put in a CD to rip it, a message popped up in media player saying something about the fact that this CD had a licence on it and it is recommended to copy over the licence too, but there was an option not to. So I clicked NO.
Now I can rip music from CDs with licenses and use them in many other things like movie maker etc.
So, there must be an option in media player to take the license copy off. You'd have to rip all your music all over again but it would work (Y)
Sam