I keep backups of everything. From time to time I just backup everything to a DVD with par2 files for error correction (digital is much, much, much more fragile than paper.) But then I back up my music CDs as well. Rip the cd to a flac image. From the image I make mp3s for my portable devices and flacs to listen through the stereo. The CDs go into a box, I have far too many to keep on shelves. The ripped tracks fit nicely on a hard drive and I play them from there.
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