To me it seems strange to buy music of Itunes, when its the same price as buying the cd in the store. With the CD I get a physical product, and I can put it in my computers dvd drive, and make mp3's for my portable devices.
I get the best of both worlds buying the cd, and I don't have to deal with a format thats restrictive on which devices it can be played back on.
That being said, I'm a big fan of Rock, and most modern Rock isn't very good... they'res a few exceptions, but since I established my CD collection in the 90's, all I buy now are new albums by bands that still put out albums from that era.
I don't own a CD player though, I tend to use the ps3 or a dvd player to play cd's.