I recently found out about Millennium Music, who offers a pretty good trade-in program to get brand new iPod products. Assuming your CDs and DVDs meet their quality criteria, it won’t be long before a factory-fresh 512MB Shuffle; 1GB, 2GB, or 4GB Nano (in black or white); or 30GB or 60GB Video iPod (also in black or white) is delivered to your door.
And if you don’t have enough to trade, Millennium Music provides a trade calculator to determine the cash difference. For example, if you have only 40 CDs, an additional $62.50 is enough for a 1GB Nano, which normally requires 65 CDs.
Of course, when you actually do the math, giving Millennium Music 130 CDs (worth $650, assuming each one is resold for $5) for a “free” 30GB iPod (MSRP $299) isn’t the best deal around, particularly if you’re considering a visit to a used music shop to clean out their bargain bin, but if you already have towers full of old CDs collecting dust in the corner of your room, this program is worth checking out. (Oh, and there isn’t a calculator for it, but DVDs are generally counted as 1.5 CDs.)
If you’re not interested in iPods, you can also do 2:1 CD trades, buy used CDs ($5) or DVDs ($8), or just sell the iPod on eBay and get something else.