Get an iPad for your old CDs thanks to iPodMeister
Found on Ars Technica on Sunday, 21 March 2010
It might sound like the company is out to steal your collection, but according to iPodMeister's site, the business model is successful because CDs can still fetch high prices overseas in areas where MP3 players haven't yet penetrated the market.
iPodMeister will only accept CDs in their jewel cases with all the original cover art (i.e., sending them your Case Logic binder full of discs will get you nothing in return).
Considering that an iPod Touch with 64GB costs around $340, sending in 500 CDs or DVDs doesn't really sound much like a bargain. Bascially, you get $0.68 for each piece of your old collection and they admit that the discs will be sold again because they "can still fetch high prices". It's pretty safe to assume that by offering them on some auction site, you could make enough to buy two or three iPods.