The first sale doctrine makes the reselling of audio CD's (after you've
done anything you want with them) perfectly legal.

This includes, buying, legally ripping to your collection, then
reselling the physical media without destroying anything in your
electronic collection.

http://en.wikipedia.org/wiki/First-sale_doctrine

The first-sale doctrine is an exception to copyright codified in the US
Copyright Act, section 109. The doctrine of first sale allows the
purchaser to transfer (i.e. sell or give away) a particular, legally
acquired copy of protected work without permission once it has been
obtained. *That means the distribution rights of a copyright holder end
on that particular copy once the copy is sold.*


-- 
cmturner2
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