From their site:

* What happens to my downloaded music if I cancel my paid Rhapsody membership?

If you cancel your paid Rhapsody membership, you will automatically become a Rhapsody-Free member. Your purchased tracks and MP3s will still be playable, as they are yours to keep. Any tracks that you streamed and listened to, but did not purchase will no longer be available. You may continue to purchase MP3s from Rhapsody even if you cancel your paid membership, and you will be able to listen to 25 songs per month for free.

Tired of waiting for your device to do what you need it to?

I remember reading about that somewhere. The basic answer is yes you can but I am not sure if there is anything you have to do like converting them or the such. Might try googling "canceling Rhapsody"

Tired of waiting for your device to do what you need it to?

This is from the Rhapsody website FAQ:

What happens if I cancel my Rhapsody subscription after I've downloaded music to my mobile device? Will the music still play?

-Once you have canceled your subscription, you will no longer be able to listen to the music you have downloaded from Rhapsody. You can listen to anything in our catalog and download as much music as you want to your device, as long as you are a paying member.