Also, let's not forget to mention that we live in an absolute golder age of Hi-Fi. The explosion of high quality headphones has allowed many more people to experience HiFi than ever before. A <$100 pair of IEMs and a decent smartphone playing AAC files from iTunes let you experience something that only a few decades ago would have required multi kilobuck investment on top of already owning your own home so you'd have a place to put the speakers without disturbing your...
We need an animated vomiting smiley face over here... Seriously though. This is just a bunch of people complaining how things are different now and not even bothering to do a simple abx test to see if their preconceptions were accurate.
You don't even need to make an account. It just saves everything you've bought by your PayPal address.
Besides the choice of formats (FLAC, ALAC, Vorbis, etc..), that's probably one of the best things about it.