As events have proved, there is one crucial problem with this demographic cohort: it has much more time than money.
Ding ding ding!
The problem is a crappy, over-priced product marketed to people without a lot of money. Why is it that everyone else besides the music industry can see this?
Give me the kind of music I want to listen to, cut a couple of dollars out of your profit margin (you can stop screaming poverty, BTW), and I'll gladly start buying more new CDs. Until then, I'll keep giving my money to Second Spin and various local used shops.