My name is Dr. Pangloss, and I have a confession to make:
I've never downloaded music.
Anything I want to listen to, I buy on CD for the sound quality. And lest you think I'm some old Luddite, I'm in my 30's, I use my Xbox to stream Netflix, love my Tivo, etc. I think in some sense, our ears are more sensitive than our eyes. Or, our eyes correct for visual noise better than our ears correct for auditory noise so good equiptment is a must for me.
My main home system is Rotel amp and pre-amp, California Audio Labs CL-10 CD player, Nakamichi RX-505 (with UniDirectional Auto Reverse!) cassette deck, Marantz tuner, Tyler Acoustics D3s.
My pride and joy at another residence is my Beomaster 8000. The record player uses a quartz controlled electronic flywheel rather than a motor and you could skip tracks with the tangential arm much like you can on a cd player.