Don't use wav. It does not hold tags and will bite you later. Wait till you have 20,000 songs (I have 26,000 in apple lossless) and want to put them on a new computer/server. Use AIFF if it gives you a warm fuzzy feeling.... Lossless sounds the same to me (mac mini, Dac1).
PS. IPhones make a great remote for iTunes!!!
PS. IPhones make a great remote for iTunes!!!