Do both, as sometimes if you apply for a job and send a link to your reel, they do from time to time ask for a dvd version. Its also worth checking any company's web site for submission guidelines as people like LucasArts for example have various pdf's to download that will need a release form signed before sending work to them. In a way it is actually better as it saves them sorting through thousands of links, plus the fact it shows if you are serious about working for them then a trip to the local Post office with your demo reel isnt too much hassle either. Jay