So let me get this straight... You've ripped all your CD's to FLAC format... and stored them on a massive drive or something. So now when you want to compress to a new format like Ogg, you just run some scripts and bam, there ya go.

That's simple and genius.

What's the average compression ratio for FLAC compared to straight WAV rips? I'm definitely considering doing the same thing you have... it just makes sense.