I have all of my CD's in FLAC, but am looking to transcode them all into LAME V2, V1, or V0 (I will do ABX tests at each, and lower, to find my transparency level), and I understand the basic process, but am having trouble finding a way (I did search, but maybe not well enough, just point me to whatever info I need if I missed something) to maintain both my current file names ( 2 digit track number-track name.flac [01-Kryptonite.flac]), and my folder structure (Artist\Album\whatever.flac). Of course the .flac will become .mp3, but I have been unable to find a way to maintain the rest of the filename, and especially the folder structure. I could do it manually, but it would be a huge pain to do so. Thanks for your help.

Are your files all tagged? Why not recreate the path using the tags, e.g.:

%artist%\%album%\%tracknumber%-%title%

foobar replaces illegal characters with an underscore I believe, so that may be slightely different to the method employed on the FLAC files, but in essence the two paths will be the same.

You are an absolute genius, at least compared to my amazing lack of experience. Thank you! That's exactly what I want. Now I'll get this going through the night, maybe it'll be finished sometime tomorrow.