EDIT: Specifically, it is against the law to break DRM (unless for few cases outlined by library of Congress), and the law as written makes no exceptions for fair use. The courts have also held in positive that it was Congress intend to make breaking DRM a crime even if there is a fair use case.
Lets not lose sight of the fact that DRM does present a different situation by pulling additional laws into play, in our blind defense of DRM.
Isn't this one of those areas which even if it is potentially technically illegal is likely to practically never be an issue?
It might be copyright infringement, but would almost certainly be covered by fair use assuming it was not then distributed to others.
I've never heard of a DMCA case prosecuted against someone who photocopied the screen of a ebook reader. If you know of one, I'd be interested to read it.
In practical terms, the DMCA doesn't result in prosecutions of people who break DRM for personal use. It results in the prosecution of people who produce/distribute software that breaks DRM to allow consumers to copy media for personal use, because there is no practical way to find people who are breaking DRM for personal purposes.
I can't speak as to photocopying the screen of an ebook reader since that has never happened (to my knowledge), but here's a similar case:
Blu-ray discs are encrypted with AACS[0]. If someone were to make a program that, in real time, takes screencaps of a movie being played back by a legal Blu-ray disc player and records the audio output from the player, then recombines that fully unencrypted data into a video file also without DRM, that person would most definitely get hit with a lawsuit on the basis of the DMCA.
0: http://en.wikipedia.org/wiki/Advanced_Access_Content_System