While harder to use, require more handling, and are more clunky, I prefer my CD Player. I bought an MP3 Player, and I enjoy CD's more. Then again, I buy albums and everything. Personally I enjoy hearing an album as an experience more than a singular song. So that's the real factor. If you like Albums, get a CD player, it comes with better sound quality. If you like hearing songs individually, buy an MP3 Player.
Mp3 User: Sweet, you got a new Mp3 Player?
Me: Nah, I'm listening to my Wu-Tang Album on my CD Player.
Mp3 User: Why not just get one of these? *Shows iPod*
Me: Even if I wanted to blow $200-300, I would still prefer buying albums.