I just posted before I saw your post.
Most of my things appear at netlabels like NSI.
I am not opposed to CDs, but they’re almost irrelevant to me, as you suggest. I made and even sold some a few years ago, but now they’d be more a curious gift for friends than anything like “music distribution”.
I love meatspace performances. But I think the consructs for them are all rooted in performer/audience assumptions that are no longer the right assumptions. By this, I mean that
I have no desire to hold a candle up for a superstar anymore, but instead want to be drenched in an interactive medium. I love what Kristin Hersh and radiohead and Issa (nee’ Jane Siberry) are doing with self-directed payments, and what numerous people are doing with netlabel creative commons. I recently was on intelligentmachinery.net’s “collusion” dark ambient piece–12 artists contributing to create one whole–not for the glory of anyone, but for the sheer participation of the thing. That’s the present, and the future.