It sounds generally OK
This actually seems like a sensible plan, so I must have misunderstood something.
Currently I haven't really messed about with downloads and have stuck with my own version on dvd. I have ripped one or two of these for convenience sake but actually don't pass around to other people as that would be a bit naughty.
If the price is right then I might well consider the ease and convenience (and it had better be easy and convenient !) worth looking into and possibly spending a bit of money on kit if needed.