I admit that I do copy my discs to an SDHC card at 192bps for listening to in the car. The card plugs right in to the head unit in dash. It does beat the hell out of hauling my precious discs around everywhere and sounds just fine for driving around. However, when sitting in my listening room that format is unacceptable. And like mentioned above, I worry about my discs being damaged too. Many are out of print, rare, and very expensive. A $200 plus disc does not come out during the party, I assure you. But then, at the party, who really cares about SQ? It's just filler noise for the background in most cases isn't it? In that scenario, the streaming library is perfect. I myself spent far more time in critical listening sessions than in party time where convenience would be preferable. Both camps have their merits but the fact the industry can dictate how I enjoy what is probably my most favorite passtime is disturbing to me.
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MAIN-OPPO BDP-105 directly to Outlaw 7700, PS Audio P3, Axiom M80V3 (front), Axiom M60ti (rear), Axiom OS8V2, Axiom VP180, PS3, Sony SXRD 55 inch monitor

Bedroom-Outlaw RR2150, Rotel RCD 1072, Dana Audio model 1

Blue Jeans connection on both