Backup CD collection?

Ok here is maybe a tough one:

I have a bunch of CDs. I want to transfer them to a digital jukebox like

http://www.brennan.co.uk/

Here are my quesitons:

1) My speakers are controled and attached to an A/V receiver that takes HDMI inputs. Is there a jukebox that will connect to an A/V receiver so I can use my speakers (B&W) ?

2) I don't know what the format that these hard disks store the music in, but I assume it is something like an iPod using MP3 etc. Is there one that stores the CD without any compression? In the age of $150 one terabyte disks, why lose fidelity?
 
I don't have a direct solution for you but I would go with the FLAC file format. It's lossless and open source so you're not bound to a specific vendor (like with Apple lossless for example). Towards the bottom of the page are lots of hardware devices that support it.
 
I hear there's something on the market called a computer, it can store and play back music files of any type.

This is good news for those with a clue, and bad news for specialty box sellers.

FLAC says its lossless but I found a missing byte once in 1991.
 
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