Thank you so much guys. I guess I will go with dBpoweramp, since it is a bit cheaper and I will create the master-library.
I will also borrow the original CD-s from a friend, since a lot of mines are actually copies.

But speaking of me not having to rip anything any more after that, what is your take on the different optical drives?
What might be the extent of losing quality via bad optical drive, if any? The drive on my desktop is about 10 years old
(Optiarc DVD RW AD-7220S). I seems to work great but would you ever worry about it?
I will try to collect information, and read the forum, but I am open for suggestions.
Thank you!