I'm currently re-ripping both mine and SWMBO's CD collection, my CD's will go in the loft but she refuses to let go of her CDs because she uses them in the car (I did offer my spare empeg but she didn't want to lug it around and she didn't want to fork out for a Dension).

EDIT: I'm encoding them with album/track replay gain, and using the sector align option too.

I'm going to keep them as FLACs and transcode to MP3 for the empeg and ipod, the plan is also to either get a squeezebox, soundbridge or build my own network player. Thinking of something with a slot loading dvd-rw and a 7 inch touchscreen. I'd eventually like to rip my DVDs and do the same with them.