So child porn is okay then? You would already have it on your system
You'd have to look for it, knowing fully well that it is illegal to produce in the first place and distribute to others, access it online, and then deliberately retain it. It's not really the same as something that's legal to produce and distribute (it is certainly legal for me to view your site). You wouldn't "already" have it.
I doubt you are either.
Well I've read some copyright laws, had to solve some issues regarding usage of copyrighted works, etc. Nothing that makes me an expert, but I'm not talking wholly out of my ass either.
It does… on paper… A lot. https://time.com/6266147/internet-archive-copyright-infringement-books-lawsuit/ To the point it’s losing lawsuits over exactly that.
That's not Wayback Machine per se, that's Internet Archive's book scanning and "digital lending" system, which was most definitely doing legally questionable (and stupid) things even to an amateur eye. However, Wayback Machine making read-only copies of websites has for now never been disputed successfully.
Yeah I'm wondering as well. It seems to save webpages, whereas the issue is with scanned books which may be removed from IA...