I'm upwards of 375 CDs now, and it's time to clear up the clutter. I'm mostly a 2 channel high end audio (JBL/Tannoy ) guy, so sound quality is important. I know just enough about digital audio and computers to be dangerous, so please tell me if this is a good plan or if I am making a mistake somewhere:

1. Buy a new Acer netbook (360 GB, Windows 7 Starter) and use as an audio server only. Place it with the hi-fi gear.

2. Send the CDs and Acer to "ripping" vendor for loading CDs into Apple Lossless format

3. Use iTunes to access and play music

4. Buy outboard DAC (with 24-bit/96kHz resolution and asynchronous USB data transfer capability)

From research, it looks like Win 7 starter supports iTunes. Apparently Lossless uses MPEG 4 format, but are there any compatibility issues with specific DACs? I don't know.

Problem is, I'm not smart enough to know for sure that all this stuff work together. Does this look like a good plan? Comments are greatly appreciated. Thanks!!