I'll never stop being a physical media dinosaur. Even if they put everything ever recorded online, and even if it were all at the best fidelity ever released, and even if I did not have to pay again for what I have already paid for, there are still times when one might be away from access to it, or have a problem with one's connection. I also don't want to have to wait for a computer to boot up in order to listen to some music (not to mention, having the possibility of a computer virus making it impossible to listen at all at some point). I know, some of these problems can be overcome by having it already downloaded into one's ipod (or its equivalent), but I do not want to lose my entire collection based upon the failure of one or two devices, either. And if you now say, create an additional backup, I will say, what do you think CDs are? With a backup, we are back to having something physical, regardless of whether it is a CD or not.
I don't care if some would call me a "Luddite", there are just too many advantages to "old-fashioned" CDs to give up. I also still prefer books over reading on a computer, as they, too, have many advantages.