I still have all of my compact discs, but I no longer put them on shelves and display them. I keep them in Rubbermaid containers in the basement.
For a while there, I was digitizing them, but that project turned into an internal debate. Do I digitize everything (I pretty much did) or do I save myself the trouble and skip the few clunkers and promo CDs that I own?
At some point, I will display them and go back to buying them. I am waiting for the absolute bottom to drop out and then I'll go out and buy more than I'll ever need and covet them and then wonder why I am tired of carrying containers around and buying shelves and not being able to find the time to properly alphabetize them.