I agree with ripping initially to the best format available… then re-encode for smaller lossy format. This assumes you have the space to store it
This reminds me of my early days of “stereo systems” (mid 70’s) when we would initially copy albums (vinyl) to the best media available, which back then meant reel-to-reel, using the best tape available, and the highest speed for the deck, with no equalization applied (not counting dolby). Then only after that would we copy to cassette or the like usually from the album again or from the reel-to-reel copy.
Of course the analogy isn’t quite fair since the quality of a tape recording or album degrades slightly with each play and for tape over time as opposed to a digital copy where that should not happen.
