I don't mind (legally) downloading albums versus buying the actual CDs. This is because I don't own an actual CD player anymore: when I do acquire a CD, I rip the files to my hard drive, then transfer them to my Zune.
Liner notes and artwork are wonderful, but they aren't vital to me. Other music lovers do care, though, which is one reason why they keep buying albums.
Another reason: the audio quality. If your ears are better than mine, you can tell the difference between a CD that you've ripped as a lossless file and an Mp3 or WMA that you've downloaded from a site like SpiralFrog or iTunes.
If you don't care about either of the above issues, then just download the album. You can download the entire thing for about ten bucks at most pay sites - versus twelve dollars or more for the actual CD. Those few dollars, when saved up, can make a difference in your music budget over time. Save the money and buy a ticket to the artist's live show, or get a t-shirt.
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