Hey Teybor,
Allowing a print option for encrypted modules is currently one of our limitations. It has more to do with our license with our publishers than it does with your abilities to do something for personal use. I realize that the end result ends up affecting what users can do with content, bu that's the current limitation. You can print your own creations with the print tool and the appropriate XSL sheet -- just not content purchased from the store (with a few exceptions).