Thinking about selling my CD collection = MP3


I am having serious thoughts about selling my 1,500 or so CD collection and going to MP3 playback format. At one time I use to have the time and sit in front of my system and really listen, I mean sit and really get into the music. Now with two kids, and the band that I play guitar in, there is simply no time. My listening consists of in the car or in the house while I am doing something else. I am thinking about ripping my collection to my computer, selling the CDs and my CD player and using a large storage MP3 player as my source. Any thoughts? Anyone else out there do this?
gretsch6120
Do people out there believe that it is going to come to a point that we will not be able to go to a store and purchase a CD? That we will purchase an "album" as a download only? I do believe that this will happen. I have hooked up a friend’s mp3 player to my system, and the results were fantastic. I could not tell the difference between the mp3 and playing the same selection on my CDP! I also find it thrilling to be able to bring my entire collection with me on a very small device. By the way, Nsgarch, I am 40 years young and have been through a few high end components, tube stuff, speakers, etc., too much to think about! Anyone interested in purchasing a CD collection :>)
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Gretsch, I think you're missing the point. No one has said that MP3 or digital files are not the wave of the futre. They are saying two things:

1. Ripping your cd's to computer and then selling the disc is illegal.
2. Hang on to your cd's. When you get older you will want to look at back at your collection of discs.
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S7Horton - I beleive that I am understanding their point(s), well taken at that. No, my mind is not (quite) made up at this point. Just wanted to generate discussion on an interesting subject.