Here's my situation. I am using my iMac as my transport, feeding either my DAC1 or (more frequently) my HR Balanced Desktop w/DAC. I use iTunes to manage my collection. Most of my collection is 256 AAC due to the fact that I used to do a lot of portable listening and I like to have my whole collection on my iPod. But recent meets have finally hammered into my head that it all starts with the source. So, I think I need to start reripping lossless. But here's the rub, I also want to keep the lossy rips for my iPod. So here are my questions:
1) Is there a way to split up the iTunes db such that I could easily flip between my lossy and lossless collections, or do I need to keep them both together?
2) My internal HD is 250 GB. How are the rest of you computer as source people storing your tunes? External HD's?
3) I know that there isn't a whole lot of love here for the DAC1, but I happen to like it. That said, I'm interested in opinions about clearly superior products in the same price range.
4) Any other suggestions about how to approach this project?