The Internet Archive (one of the coolest sites on the ‘net, if you haven’t checked it out) has recieved an exception to the DMCA for the purposes of archiving:
# Computer programs protected by dongles that prevent access due to malfunction or damage and which are obsolete.
# Computer programs and video games distributed in formats that have become obsolete and which require the original media or hardware as a condition of access.
So some of the early copy-protection schemes can indeed be legally bypassed in order to preserve them. It’s a small victory, but any victory is good with the DMCA.