maybe I'm a luddite but I certainly don't look forward to the death of physical media. You'll be at the mercy of the infrastructure vulnerable to anything from human screwups to terrorist cyber attacks on the one hand, and on the other, at the mercy of the people who brought us region encoding, the Sony rootkit, DRM, Macrovision etc. ad nauseum. 

"Democracy is a pathetic belief in the collective wisdom of individual ignorance." - H. L. Mencken