I bought my first CD around 1986 (Benny Goodman’s Greatest Hits) and got rid of it along with the rest of our collection today. The racks holding 300 discs just collecting dust in the basement. We gave a bunch to friends, sold some off to the local CD resale shop ($45 worth), and brought the rest to Goodwill.
I had previously ripped all the discs to MP3 and was storing them on our network—but with services like Pandora and Last.fm available online and on my iPhone I just see no need to even own and manage the digital versions anymore.
The biggest thing to get over is the need to hear a particular song on-demand—but for me not having another collection of physical or digital things to store and worry about is worth giving that up.
Another step towards mobility!