Well, the music labels got their way, more or less. Most everybody's getting their music from iTunes, and the labels' Digital Rights Management is mostly secure, as they can only be played on an iPod device. It seems to be dawning on them that they're working for Steve Jobs now, not the other way around. And the good old MP3 format is starting to look good to them again.
If it was easy, cheap, and legal to get your music in a format that anything could play, no one would bother stealing it. The days of rights-hoarding music labels paying "Apple i-Mobster" protection money might be coming to a close. Viva MP3!