According to this MSNBC/Newsweek article, Amazon will offer access to a digital copy of CDs or DVDs that you buy. This is a great idea. I wish they had this available earlier. Then I wouldn't have to convert my hundreds of CD's into MP3s for that MP3 player that I intend to buy some day. This could be bad news for my budget though. I already buy enough music as it is. This would only encourage me to buy more.
Now, I would probably listen to the full quality uncompressed CD more often than the compressed MP3, but it would be nice to have when I go to the gym. What concerns me about this iPod, MP3 player phenomena is that we're going backwards in a sense. CD and digital music technology makes music sound more life-like than ever on a decent stereo system, but people will live with the compromised sound of an MP3 player's compressed music, even at home.Sonos: Play music from iTunes, Pandora, Internet Radio & More, Wirelessly in Every Room of Your House. Watch a Demo.
Don't do it people. You're missing out on the full depth of the song by listening to compressed music. What good are 1,000 songs if they sound horrible? Remember, it's quality not quantity.