Get an iPad for your old CDs thanks to iPodMeister

Here's a thought: if you hadn't wasted so much money on bad CDs in the 90s, you could buy an iPad today. It burns, doesn't it?

Fortunately for those of us with now-useless and potentially embarrassing CDs, the New York Times has pointed out that iPodMeister has a solution: the company that has long taken CDs in trade for new iPods will now have iPads for barter as well. It might sound like the company is out to steal your collection, but according to iPodMeister's site, the business model is successful because CDs can still fetch high prices overseas in areas where MP3 players haven't yet penetrated the market. The system is simple enough: send them a couple hundred CDs and iPodMeister sends you back the iPod or iPad model of your choice. The offerings range from an 8GB iPod nano for 220 CDs, to the baseline 16GB iPad for 600 CDs, up to the 64GB iPad for 1,150 CDs.