Music Management Software 2009 ??

I have a music collection that I have to organize, as I would think most collectors do and would like some feedback. I am looking at different options for Music Management Software, happy to pay a fee for the right Software. Is creating my own excel spread sheet the only way and buying one of these non audiophile programs to manage the stored music, like OrangeCD, really the best way to go?? Is there one that actually works for Audiophile Music collectors? example XRCD, SCAD, DCC, MFSL I want to categorize my CD Collection for organizational breakdown purposes with software, record all for mp3 library (on separate hard drive) for PC listening and eventual main system listening. I bet there is solution I just can't find, I have looked.