Should I import my extensive CD music collection into iTunes?

I was hoping to get feedback on what the benefits (and perhaps disadvantages) of importing a very extensive music library (consisting of about 100 CD's) into iTunes would be...

Funny Question...
First of all is this a poll survey?.... lol.... anyways here are the benefits:
1) All the collection will be in the Digital format, so even if the CDs got damaged, the digital files won't unless your wife or kid deletes them.
2) Having all the songs with you on one device will let you listen those songs more often instead the old fashion way, also you will not have to keep track of where each CD is as everything is on iTunes.
3) While you decide to step into the next era of digital music, make sure you import them with AAC 256 Kbps or higher, this will ensure the crystal clear sound remains, as encoding them with 128 Kbps reduces the sound quality extensively.
4) After you have done importing the CDs, make sure to Back up by FILE >Library>Back up to Disc>
choose "*Back up entire iTunes Library & Playlist*". Doing this you will have an extra copy if anything goes wrong with your PC. (Use DVDs for backing up, as each empty DVD can hold upto 4.7 GB).
I hope it help. GOOD LUCK

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