FLAC Solution

Yep, dbPoweramp & JRiver Media Center.

Poweramp is not only a good ripper, but it's great as a batch codec to codec converter.

I primarily bought dbPamp to use as a converter to do FLAC to mp3. But have also used it to do WAV to MP3.

If ripped to FLAC up and down conversions, are a breeze with dbA.

And I recently used an add on to take album art from a .jpg file in each FLAC folder to the tag info in each file. This was done in a batch of over 10,000 files - very handy!

I keep my master FLAC files on several HD's, one of which is at a different location. HD's are cheep & re-ripping time is valuable.

WAV to FLAC & even vice versa will be bit perfect. On very highly resolved systems, differences may be heard (I haven't experienced this), but any differences may be attributed to the PC & its resource use to convert on the fly during the playback process, not on the lack of the information being present!

If tagging data is important, rip to FLAC & not WAV's. Most Tag data can't be recreated in the process of converting from WAV to FLAC or any other
Codecs.