Personally I prefer live music, but am not a huge fan of going to live concerts because of the crowd. Luckily in todays world we can watch many live shows on the internet. I have enjoyed watching Coachella and Lollapalooza live from my couch and several other live shows on YouTube.
I think I like live music more because of the awesome emotional energy generated by the crowd/band interaction. I went to the Bumbershoot music festival in 2000 where I got the amazing opportunity to watch Ben Harper, Tracy Chapman, George Clinton & the Parliament-Funkadelic, Motorhead, Joan Jett, Ani DeFranco, Ozomatli, Maktub, Deathcab for Cutie, and Modest Mouse over 3 days. Each show was amazing in their own, unique way.
There are many bands that sound horrible live, however. I've always enjoyed the studio recordings from Faith No More so I went to a live show. On stage most of the band seemed so high on something that they sounded horribly off key and off beat until the lead singer crashed into the drums and basically ended the show.
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If you're always trying to be normal, you will never know how amazing you can be.
Maya Angelou