I buy cds, as well as download.
When I look back I have a lot of fond memories buying CDs, and honestly, I'd prefer it if I didn't download at all. The whole experience of buying a CD, the first listen and enjoying music along with the artwork, and especially waking up the next morning remembering that you've got that CD to look forward to and listen to is a million times better than listening to a bunch of mp3s you just downloaded. Not only that, but I am much more likely spend more time getting into the album and appreciating it than with mp3s.
...but because of downloading I've discovered so many more bands that I probably wouldn't have ever listened to or even heard of, had I not downloaded in the first place - my CD collection would be a fraction of what it is.
That being said, I'm not at all proud of downloading and I think its a shame that albums are being leaked up to two months in advance to its release date. I really dont like the whole downloading culture either. The whole, Ive got more gigs of music than you! This album just leaked seconds ago, and Im going to be the very first person to write a review about it on metal-archives! type stuff.
Now that I have paypal though and can buy online, I am going to download a lot less. The local music shops have a pretty poor to average selection for music so it didn't help when I really wanted to buy cds. I am even considering re-buying a CD player since mine broke like three years ago - for when I want to listen to my CDs. For whatever reason I dont like listening to CDs on my computer. Of course I will still use my Zen Vision W, its convenient and practical, and I will still rip cds onto my comp for this purpose.
Hopefully this makes sense in the morning, I'm tired and it's almost 6am.