Well, not in the traditional form, but in a new and improved sort of way.

Muxtape.com is a music-sharing site that allows you to upload your mp3s into a mix tape format.  You choose the songs, the order, and then share your awesome mix with anyone and everyone.

Music is available for listening in a constant stream format, so no downloading necessary.  If you love what you hear, one click makes the mp3 yours in a nice, legal, non-piratey way.

All users' mixes are on the homepage, so you can browse new music without having to sign in.  It really couldn't be easier.

Does this sound familiar?

You:  Have you heard the new so-and-so tune?  It's my jam. 

Them:  No, wait, who is it by?  Never heard of them.

You:  Can't believeyou haven't heard of them... They're, like, everywhere.  Instant social cred just by mentioning them in conversation.  Plus, the quality and craftmanship of this music will invariably enrich your life.

Them:  Can you burn me a CD or something?

You:  Yeah, sure.  Well.... actually, let's be honest.  As soon as this conversation is over, I'll probably forget that I offered to make you this disc and even if I do remember, I'll be hoping you have forgotten because I'll probably be out of blank CD's and even if I'm not, I won't feel like remembering to bring it with me to give to you next time.

Them:  Bummer.  I guess I'll go home and listen to REO Speedwagon instead.

FRIENDS!  Never again!  This site is very user-friendly and you'll save on CD's/postage/time.  Pretty much awesome, if you ask me.