I'm already on a permanent iTunes boycott; I won't buy digital media through iTunes at all simply because it is encumbered with DRM. Sure, I'll take advantage of their free downloads now and then, but owning the physical CD, a storage method that can always be relied on to re-install music after a hard drive or device failure, has always been more appealing to me.
iTunes though is fairly benign DRM. Users get to have five 'activations' and can globally reset all of their activations once a year. And while originally iTunes relied on users to know enough to backup their music, more recently any purchased song can easily be transferred from an iPod to a new computer.
While its understandable that any protest of DRM would include Apple's scheme, it is one of the least offensive iterations of DRM; perhaps if other media companies took direction from Apple, fewer users would be so offended by DRM.
I'll continue to enjoy Apple's free promotions, but ultimately buying the digital version just seems to risky, with or without DRM.