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Something else to think about... I just read an article in Rolling Stone Magazine by the manager of U2 talking about music piracy and it got me to thinking.... How much of the music we buy is really a repurchase of repackaged music in a different form?
My first album was REO Speedwagon's "Hi Infidelity". This was an LP I bought. Then I bought on cassette so I can listen to it in my car, and then later on I bought on CD. I bet you I've also purchased some songs from that album from Itunes or Rhapsody. Basically I bought the same music over and over again, on an album, then a cassette, then a CD, and then in digital format. (I still have the CD and I could go rip it, but it's just so much easier to click on "buy" and have it instantly instead of waiting two minutes to load it up from the closet in the guest room.)
My point is now that mp3 is the standard, we'll never have a "new format". We'll never need to buy that music again because we'll always have it in digital format - forever and ever. The music company just lost out on a lot of sales being as we'll never have to repurchase the same music over in a new format.
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