I think that is a good idea, but am simply fed up with the RIAA trying to ruin it all for the consumer. They don't think of the consumers when they make decisions... only themselves and possibly the ar****... but they look out for the artists as much as us consumers.

I have simply stopped buying CDs. I don't download mp3s either. I'd say that bout 80% of the music they put out now adays is CRAP! Why the hell am I going to pay $18 for one cd of which I only like one song that the radio plays 20x a day?! I can just stream radio and capture it that way. I don't have to download mp3s. And... no I don't think this is piracy.
I do use p2p networks to distribute music from my friends band.

I have taken ALL our CDs and ripped them to my server HD. From there, I share everything within my house to all computers in my house. Its just like going into the next room and borrowing a cd that my brother had... xcept now I don't dig through them. I can then ouput to any entertainment center/sterio that the computer is hooked up to. I have a surround house setup. then everyone has their PCs plugged into other sterios too... brings a whole new meaning to rocking the house!