I think software should be treated just like anything else really, at least as far as it can be. I don't have to hook up to the internet or some GPS satelite every time I drive my car, so I shouldn't be required to hook up to the internet in order to play a single player game. I can lend a movie to a friend I should be able to do the same with software. I don't have to replace any of my books if the shelf they are on breaks and can move them between shelves at my leisure without needing to pay extra so I shouldn't have to re-buy a program or spend extra money simply because the computer I had it on broke or because I want to use it on a different computer. I can convert my music into any format I please and copy it as much as I like to use in different music players and burn different CD mixes so long as it's all for personal use, I should be able to copy and convert any software that I own for personal use on multiple compatible devices too. etc.
I know there are certain fundamental differences between software and physical property that make it impossible to treat both exactly the same in all aspects. I'm just saying that in instances where they can be, they should be.
Granted I wouldn't be in favor of legally restricting such, that would be too intrusive in my mind. With the exception of outlawing always online DRM or limited installs and severely restricting all this licensing BS since it's so anti-consumer and so invasive. Heck I'd go so far as to say that limitting the number of installs a person can have is akin to theft as I would consider it no different than a bookstore saying "alright you've bought that book but you are only allowed to have it on one bookshelf. If that shelf breaks or you wanna move it to a different one then you'll have to buy another copy of the book" or saying "you can read this book at home but if you wish to remove it from that location and bring it to another location to read then you'll have to spend another $10 on our special "2 locations" license, buy now and we'll let you read in a third location for free." Sounds absurd right? You'd feel like you were getting robbed right? Well limited installs are the same thing in my mind, "oh, your computer broke 2 weeks after buying the program? Sucks for you, you have to buy our program again. No you don't get any discount or refund. You wanna be able to use the program at home and at work then you better give us more money." What a load.