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naiserie: unfortunately, there are several hundred of them who happen to be members of Congress.
With QT Player you will only be able to play them on a licensed machine though. Not sure about Garageband,
Anything you buy form iTunes store should be burned to CD, so you can then exercise fair use on the uncompressed CD Audio.
The reason iTunes Store's DRM doesn't destroy much economic value si that they include the circumvention in the tool itself.