Everything has it's cycles. Fitting lots of data onto a small card is today's novelty. Somewhere in the not far future, the pendulum will swing backwards as people discover sound quality all over again. But it will then be combined with much higher storage and delivery capacity than is available from the cd or lp.
When I was in college and listening to lp's on a cheap record player in my dorm room, I was oblivious to quality too. You get more demanding of quality as you get older, and I expect today's kids are the same.
Besides, what's wrong with having compression (AAC, WMA) in casual listening situations, like in your automobile, with 70dB road noise, or walking down the street listening to your ipod? It's in your home that you really care about music quality.
When I was in college and listening to lp's on a cheap record player in my dorm room, I was oblivious to quality too. You get more demanding of quality as you get older, and I expect today's kids are the same.
Besides, what's wrong with having compression (AAC, WMA) in casual listening situations, like in your automobile, with 70dB road noise, or walking down the street listening to your ipod? It's in your home that you really care about music quality.