I've got all my music ripped to FLAC, sitting on my file server, a little N40L microserver with 8tb mirrored storage (my music takes about 300gb total). On the server, I've got a script that uses ffmpeg to convert from flac to whatever format I want (currently aac and mp3, which my player devices support). The script also applies replaygain to keep the volume consistent. I run the script once and it processes the whole shebang.
This means that I control all of my music, stored in lossless format on a backed up server in my house, able to be deployed to any device I want whenever I want, in whatever audio format is popular at the time, in perpetuity.
This means that I control all of my music, stored in lossless format on a backed up server in my house, able to be deployed to any device I want whenever I want, in whatever audio format is popular at the time, in perpetuity.