"Mine as I have stated is to have something tangible in my hands when I have paid good money for it.
Now just as an example, I bought some cd,s say and I decided I did not like them, well I am going to rip them to flac files anyway and then resell them."
That's interesting Uberwaltz, is that legal in the US, it's not in the UK?
Here, you are entitled to copy, rip a CD, but only if you keep the original CD in storage somewhere. I'm not sure if anyone would ever be caught, but I do keep all my ripped CDs. This is partly because I still don't trust even backed up storage.