I'm of the current generation, and I'm into owning CDs. As far as music goes, burned albums have been around since middle school and earlier, but to me having the actual jewel case signifies ownership and support of the artist, even if I mostly listen to their music on an mp3 player.
But that's just my thing; DVDs I care much less about. I do value physical books significantly, though. The difference is, of course, is that a stack of dead trees is independent of electricity (unlike CDs or DVDs) yet has higher resolution than anything electronic.
For me, as a member of that current generation, I value highly my ownership of digital files. I can't get into things like Rdio, I love Pandora for just throwing on like a radio though.
But when it comes to my music collection, I've been gathering these MP3s for something like 13 years now. And many of my most valued recordings are audience/soundboard recordings of live shows, something the current services don't really offer.
I see. Perhaps the 'generation' that comes after you will be the people who treasure their AmazonBook Cloudplex Music and Pandora.FM accounts, and reject beaming music directly into their minds.
But that's just my thing; DVDs I care much less about. I do value physical books significantly, though. The difference is, of course, is that a stack of dead trees is independent of electricity (unlike CDs or DVDs) yet has higher resolution than anything electronic.