Does it make sense to buy CDs?

Do CD's still have a place in your world?

They do in mind but i read this article that made me think a bit more about it.
Tell me what you think
The Mad Hatter

Yesterday, I learned that music-on-demand service Spotify now streams at 320Kbps via its iOS app. That's CD-quality, which got me thinking: do we really need CDs anymore?
For a long time, CDs offered certain advantages that digital-music solutions couldn't match. They sounded better. They were easier to play in the car and around the house. They didn't saddle you with DRM hassles. And you could rip them to whatever bit rate and format you wanted--including lossless formats like FLAC, which many audio purists prefer.
Many of these advantages are still true today. But the music landscape is so different now than it was five years ago. DRM is gone. Smartphones and tablets have the storage capacity to house massive music libraries--and play them through car stereos, speaker docks, and the like.
Meanwhile, streaming services like Pandora, Spotify, and Slacker offer incredible on-demand selection, obviating the need to buy music at all. A few weeks back I created an Adele station on Pandora, and it's just plain incredible. I listen to it just about everywhere thanks to devices like my iPhone and Roku box. Price: free.
Because I'm in my '40s, I, of course, have a CD collection--around 150 discs, at last count, all of them gathering dust in a box. Most of them were ripped and stored long ago, and I don't think I've touched a jewel case in about five years. The only CDs I've purchased during that time were a handful of "Glee" soundtracks for Mrs. Cheapskate. (Indeed, when it comes to gifts, the vagaries of an iTunes gift card can't hold a candle to a specific, physical CD.)


Even audiobook CDs have given way to digital downloads from the likes of Audible and Simply Audiobooks, which offer considerable savings over retail CD prices.
On the flipside, I've heard from many people who won't touch music from Amazon or iTunes because the bit rates are too low. (Amazon's MP3s are encoded at a variable bit rate that averages around 256Kbps, while Apple's AACs are encoded at 256Kbps.) Because I rarely listen through headphones, and because my ears don't notice any difference between, say, 256Kbps and 320Kbps, I have no problem with it. For me, as long as the music sounds good, that's good enough.
Do you feel differently? Are you sticking it out with CDs, or are you fully embracing this all-digital, all-downloads, all-streaming age? Maybe it's both; this doesn't have to be an all-or-nothing equation, after all. I'd love to hear your thoughts on this.

Vince Bailey (The Mad Hatter)