<< So you're saying it makes perfect sense that the price of recordable cd media has dropped since it's introduction but the price of a music CD hasn't? >>
Yes, because look at what JellyBaby wrote above: The cost of a CD is not related to the technology underpinning it, it is related to the costs of producing, marketing, and distributing that CD. Certainly, there have been savings over the years, but if anything, marketing costs have INCREASED because of the proliferation of mediums, numbers of bands, musical tastes, etc. The savings that have occurred are reflected in the static price of the CD, which is a decrease in real terms over the years (you seem to be missing that part). Plus, record companies have to recoup their losses on failed bands and failed albums in order to stay in business. It's the successful artists that have to bear part of that burden. When they sucked or when they were starting out, someone else was doing the same for them. A CD-R disk becomes less expensive because the manufacturing process improves, new chemicals are used for the dyes, existing chemicals increase in supply because the market has expanded, etc. You don't have to market a CD-R disk to any real extent, not in the same terms as a band.
What I really don't understand is the concept that since the record companies only pay pennies on the CD to an artist, we might as well just steal the music so that NO money goes to the artist. That's like Robin Hood stealing from the poor.