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.
efc
I use MediaMonkey to rip my CD's to FLAC, then use the Slimserver software to my Squeezeboxes for managing and playing the music from there. The process works great. MediaMonkey is pretty good for organization, but since I play the music through my Squeezeboxes I use the Slimserver software for that.

Michael
What's wrong with ripping to Apple Lossless instead of FLAC. It will certainly be more handy if you plan on getting an iPhone.
Point taken on Apple, I have been reading threads on Steve Hoffman Forum about FLAC and all the options too, a lot to take in.

Foobar2000, Squeeze box, FLAC are all new to me. As will be a PDA, I do have a nice collection of remastered CD's and with technology being what it is and this being 2009 I thought it was time to dive in and have my music on a hard drive for audiophile home playback and travel.

What about J. River Media center?

I appreciate the input!