The game has changed with the technology, just look at apples new iOS, with the cloud, its not (or won't be) a question of ripping CDs & making play lists with iTunes etc etc, those days will be gone sooner rather than later.
In the next couple of years with the advent of cloud computing, everything, and I mean everything will be streamed directly from the cloud to 'a device', no one will own this music, it will be subscribed to for a fee, giving you access to tens of millions of tracks.
Even Virgin media have done a deal with Spotify so you can now do it through your tv box via an app, the phone companies & sky will be next, every track you've ever owned on a cd is available & in high resolution, this is why the cd is dead, nothing whatsoever to do with our beloved vinyl.
Cheers ears
Aid