True, very true,... but also a noticable jump in pocket money as people who spend $ for CD's will have more in the pocket.
But will hard copys of music go away? Nah...
For instance Did you know that Betamax was alive and kicking in just about every TV station in the world untill about 4 years ago? Its true, untill it was supplanted in the majority of thoose stations by the High8 format. And I cant begin to tell you how long reel to reel was around. CD's will still be important to the recording industry for a long time to come. At least untill someone makes a portable mp3 player so small and inexpensive that you just plug in your headphones to the album and go. Kinda like a ultra light Apple Ipod.
Yeah a lot of people will lose their jobs, but since 99% of the manufacturing jobs are in Taiwan, Japan and South Korea, I could care less about them.
As for the distributors, I could care less about them too, UPS and FEDEX will get by, and so will other trucking companies.
No, the people I do care about are the record store owners, and not the corperate ones, the stores like Crunchy Music in Georgetown and Record and Tape traders. While these stores have obviously begun to depend on music collectors, Im not convinced that the dramatic downturn in record sales will be enough to keep them in buisness. Especially since Virgin, Sam Goody and Tower Records have the cash to stay afloat.
For a good long while.
But hey, Kemp Mill just wet out of buisness so screw em!