Plenty of websites offer free streaming, like Deezer as I mentioned. The quality is not nearly as good as a download, but it sounds about as good as an internet radio (which iTunes has) and its more than sufficient for previewing a song entirely before buying. Recording an internet stream would lose even more quality, plus it's not something the average person knows how to do.
I think it's a good idea and frankly, it's overdue.
You had me at asl
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