Ditto - There's tons of used CD stores here in the Bay Area, a lot with prices that beat the "album" download in iTunes anyway.I haven't bought anything on iTunes since JHymn was disabled by iTunes 6. The bitrate is far too low anyway. I just buy CDs from Amazon and rip them at 320.
That's the other thing about iTMS that has always irked me - the AAC bitrate. I'm not a huge audiophile or anything, but there is a noticeable difference between 128 and 320. FairPlay just seems ridiculous when there are higher bitrate files almost always available on the peer-to-peer networks.
I seem to remember Napster was all the rage when Apple was first negotiating the relationships it has with the "big 4" - CD sales were plummeting, and people were uploading and swapping MP3s at an unprecedented rate. I'm sure at the time these companies had some reason to be nervous about putting pre-packaged MP3s online, but all the music that was traded on Napster was ripped from CDs - not downloaded MP3/AAC files - that were then being shared.
This was a very refreshing article to read, even if Steve's only reason is to direct some attention away from the lawsuits in Europe.