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@MrDrem
With regards FLAC, converting to it isn't worth it, you need to rip to it to get the benefits as I understand it.
The biggest difference I believe is that FLAC rips are uncompressed, MP3 is compressed. so you can go from FLAC to MP3 to gain a space saving at the cost of sound, but going from MP3 to FLAC gives no benefit, as the compression artifacts are already in the file.
If I'm wrong, I look forward to someone letting me know where, as I'm only dabling in the edges of this myself.