Initially, let me apologize if this has been posted in the wrong forum. I took a look around, and it appeared that over all this was most likely the most appropriate place for this.
Secondly, on one hand I feel like this is a newb question that could probably be answer by searching through old topics, but in all honesty I've spent the last hour browsing or so, and have not come up with an exact answer.
My basic situation is this: I would like to back up my entire CD catalogue (approx 800 CD's as of right now) into a digital format on my my hard drive. I am doing this as much as to have a permanent back up of my music as for ease of listening while I'm at my computer.
I would like to use a compressed format, because using something lossless would obviously eat up so much room it would be ridiculous (or not? Am I wrong here? This is why I'm posting this question in the first place!)
I would prefer to use a format that can be asured to be easily supported for the forseeable future (is Vorbis better than MP3 in this regard?)
I am a bit of an audiophile, and a high bitrate is most desired. What is the best ratio of compression -> quality? Which codec? I would like to retain as much quality as possible, but can't afford 700megs per CD. What is the generally accepted consensus on where quality and compression meet?
I run Linux systems.
Guess that's about it... any input would be greaty appreciated! If you have further questions about my setup or if I didn't make the requirements clear, just let me know...
Thanks in advance!!!
-Alex