As someone who worked at CDNow in the early days, I find this announcement amazing purely from the historical competitive nature of things. That said, given the number of people laid off at CDNow and the fulfillment and traffic at Amazon this deal does seem to make a lot of sense. I guess the CDNow brand will live on and the Amazon music area will convert. Amazon will also be managing CDNow.com, in the same way that they work with Toys “R” Us, Virginmega.com and Borders.com.
a multi-tasked stream of consciousness or perhaps just emails to myself