I do prefer to have all my favorite music on cd. I have a modest cd collection for someone who has been into it for over 24 years. I have also started buying vinyl a bit more - mostly second hand stuff I find in town. I download a bit too and listen to youtube quite a bit.
I dont go anywhere without my mp3 player. I never listen to the radio. I find out about new music from the internet, from friends or reading about it. I do listen to new bands but not as much as I used to. I went through a few years without keeping up with what was happening but I'm getting back into it now.
Since I started making my own stuff I've been listening to a lot more electronic music - stuff I found dull before has now taken on new dimensions as I try to figure out how artists achieved what they did.
I do like to dabble in most modern genres of music but I have a hard time getting into the likes of The Script or Maroon 5.
I still listen to the stuff I listened to as a teenager - mainly Pet Shop Boys, Erasure... I've never grown out of a band that I liked. I never went through a metal or rock phase where I'd disregard everything else.