I suspect this topic is covered somewhere in the forums but I haven't found anything just yet so here's a post.
I'm tired of the cd clutter taking over my home so I'm ready to build a Digital Audio Library.
I would like to use a lossless format and have the ability to pull/convert the files into iTunes, MediaPlayer 11, etc... in the future as I acquire new listening devices.
There must be a better option than simply using the WAV format and massive amounts of external harddisk space.
Can I plz get recommendations for futureproof file formats and tools for managing the library?