Ok ok... I've created an account on this board only to confirm what you guys are saying. So you people who are still wondering about the MD technology can have some real feedback.
A bit of background here first. I myself had a clix2 and some ipod (2nd gen and 5.5).
I bought some Audio Technica ath-anc3 because I spend quite some time in the public transportation and had to turn the volume to max to hear something otherwise. I was really happy with them.
Some time passed and it caused me some pain as it's in-ear and long listening is not the best with those, so I wanted something better.
I spent lots of time on boards and trying products.
I bought B&W P5 headphones and yes they are expensive but I almost sleep with them, they are great and I even listen music on my computer with them when alone.
I looked for some device which can gives me a better sound quality because my headphones are fantastic but an ipod is not.
And finally I came around the minidisc.
I always wanted a minidisc player but couldn't afford it when it was so cool to have one. I bought a MZ-RH1 (120$) from a guy and man... I rediscover my music one more time!
It really changes everything. It has a depth and clarity... I couldn't be more happy. By the way, I just listen mp3 on hi-md so I suppose I can even have something better and yes, the OP is right, the gap between the MD and ipod is so huge, it's unbelievable.
It's really sad Sony dropped this technology. No, you can't put 60GB of music on it and yes you need Sonic Stage (with a xp VM on my side) but it's really worth the investment. Later on, I will try to record vinyls directly to check the difference.
In a word : MD is dead, long live the MD.
Just my 2 cents.