Digital contend is convenient, but because you get it online, if the cloud goes down, so does the digital content. I see a place for digital but understand that you don't own it.
My biggest problem with digital distribution is it gives companies no reason to innovate. With physical media, companies were in competition with each other to bring out the next best physical medium and get the public excited about it. With everything being digital, there is no next best thing. You just download and stream everything which, in my opinion, takes away the experience of interacting with your entertainment. But like it or not, it is the future, and in fact it's already here.