Sorry,
Been a busy three weeks. First a rush proposal for the design of two 66 km gas pipelines in the Mexican bit of the Gulf of Mexico then a trip to Washington DC to give evidence on the root causes of a pipeline explosion offshore Louisiana a couple of years ago next week. Trip expenses and my wages paid for by the US taxpayer. Nice.
Anyway, like yer man said, storage size and download speeds aren't really issues these days. I have an iddy-biddy 2 1/2 inch 1-terabyte portable hard disk I paid about $100 for, which I plug into the USB port on the front of my receiver. I reckon it'll hold about 1000 albums. When I figure it out I could probably stream directly from the PC in the corner of the living room, but the wife wants to move that into a study when we move later this year, so the hard disk will work fine unless I get the new house hard-wire networked (which I'm thinking about for all sorts of reasons anyway).
I've settled on using dbPowerAmp (apologies if the right letters aren't in capitals) and ripping CDs to lossless (or no more loss to be more precise) FLAC format as my receiver supports it. Amazon.com now sells you the mp3 for free when you buy the CD, so I can compare one with the other. With my current setup I can't hear a difference. That might change when the pennies allow for a decent proper hifi again.
What irks me is that given we can all rip as many copies of our CDs either onto friends' hard disks, CD-ROms, MP3s, etc. etc. ad nauseum, and if we were so inclined set up stall flogging them in the Barras Market (Glaswegians will know what I mean) making old-fashioned copyright laws irrelevant, why won't the music industry give us the opportunity to buy closer-to-genuinely-lossless FLAC files on line? Who knows? They might convince us to buy DSOTM in a FOURTH format....