Wrong again, Blueskies! Sorry!
If you give away the CDs you also give away the license you have to listen to the copies that you made when you ripped them to your hard drive.
Think of it this way: if you buy a ticket to see a concert, you cannot make a perfect copy of that ticket, sell the original ticket, and use the copy to gain admission to the concert. And whether you sell the original ticket or give it away really makes no difference.
And just like a CD, you can make a copy of the ticket, or you can sell (or give away) the original ticket--you just can't do both.
Hope that helps...
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