Having just been through this same massive excercise, done tons of research, and had several false starts, let me summarize my findings for you:
First, buy a big hard disk and rip your cd's to <a href="http://flac.sourceforge.net">FLAC</a>. It's completely lossless and has about 2:1 compression ratio. I bought a hitachi 200gb disk for $99 (after rebate), and managed to fit most of my 700 cd's on it - i guess a lot of EP's lowers the average length of a cd!
Rip to FLAC using <a href="
http://www.exactaudiocopy.de/">EAC (exact audio copy)</a> in secure mode. Setup guide <a href="
http://users.pandora.be/satcp/cd2mp3-en.htm">here</a>. Be wary of ripping from musicmatch, etc, as they rip in "burst" mode, with no error correction.
So, now you have an exact archive of your cd collection, and won't have to re-rip should you choose to change encoding formats later. (I originally was ripping straight to vorbis, and then realized my error after about 100 cd's and started over!!)
Next, choose your codec. For mp3, use <a href="http://lame.sourceforge.net">LAME</a> 3.90.3 (not fraunhoffer or xing, as found in musicmatch or real). For <a href="http://www.vorbis.com">vorbis</a>, use Garf's tuned gt3b1. Download binaries, and get advice on recommended settings at <a href="
http://www.hydrogenaudio.org/">hydrogenaudio.org</a>. I used ogg vorbis gt3b1, at quality 5, and am very impressed.
If you're having trouble choosing a codec or a bitrate, do some ear training, and test yourself using a blind A/B tool to see if you can hear the differences-- <a href="http://www.pcabx.com">pcabx</a>. In my listening tests, ogg vorbis won over mp3 every time (until you get to very high bitrates).
Next, use a tool like <a href="http://www.foobar2000.org">foobar2000</a> to encode your collection of FLAC's, all at once, to your desired format.
Then, use foobar2000 to <a href="
http://www.replaygain.org/">replaygain</a> your whole encoded collection (in foobar, select all your tracks, and then use replaygain "selection as multiple albums"). This keeps playback volume relatively consistent on players that support it. (DO NOT normalize during rip/encode- replaygain is totally lossless).
Last, and the only thing you were really asking advice for, choose a jukebox to playback.
For the road, I bought a <a href="
http://www.digitalnetworksna.com/shop/_ ... at=56">rio karma</a> which plays mp3/flac/vorbis/wma, plays totally gapless, has excellent battery life, is tiny, way cheaper than ipod, and has a great <a href="http://www.riovolution.com">online community</a> with total developer involvement, regular firmware upgrades, etc.
For playback on your PC, I'm currently using <a href="www.winamp.com">winamp 5.01</a>, but would prefer something else with better library management. <a href="http://www.musicmatch.com">Musicmatch</a> is better in that regard, but doesn't do ogg vorbis.
Hope this helps.
Cheers,
-John
<font size=-1>[ This Message was edited by: John Cooper on 2004-10-17 13:36 ]</font>