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I don't download either - I pretty much have all the music I want (got a lot of CD's and LP's before downloading became a real possibility). Also, for the music I like I prefer to have CD quality and the coverart/booklet etc.
I woudn't buy from iTunes, however. Not just because of the low bit rate, but because of the DRM that basically means that if in the future iPods become crappy and something else is better, my music on CD will be able to be transferred. On the other hand, iTunes downloads become pretty useless.
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