Favorites only. I go to great lengths to ensure the proper tag information is in them, and try to normalize the levels and sample rate on all of them.
I used to have hundreds of tapes. Then I ended up buying scores of CDs. I have lost many, and some groups (The Who, in particular) never got purchased on CD, and the 30 or so Who tapes I had are long ago lost.
As far as having loose files running around, I’m the opposite. I can’t stand having countless folders. In general, new CDs go into the “Archives” folder of My Music, where they’ll get several listens, and then the best will be pulled into the actual “Music” folder. Here’s my current breakdown:
Music\Beastie Boys: 43 tracks
Music\Classic Rock: 34 tracks
Music\Contemporary: 64 tracks
Music\Frank Zappa: 131 tracks
Music\Grateful Dead: 43 tracks
Music\King Crimson: 22 tracks
Music\Phish: 43 tracks
Music\Pink Floyd: 47 tracks
Music\The Doors: 39 tracks
That gives me 468 tracks spanning over 36 hours of music, which is quite a bit of only my favorites. Only the KC folder is spartan, but even with that, I daresay my collection is about as neat and tidy as you can get. No loose tracks floating around, certainly. The complete archives would be well over 12 gigs, (My 40+ CD Zappa collection compresses down to 6 full Zappa archive mp3 CDs, for example), but I have it down to under 2 gigs. Which is nice.
I’ve been very bummed lately about my lost Who collection. There’s just so many favorites I have that I want to listen to. I could probably name 50 off the top of my head at least, not counting the ones I forget. I did recently find several of my old Who tapes, which I’ve been listening to on the oldest box ever. Odds and Sodds, Two’s Missing, and Who’s Next. The Doctor song kicks some serious ass. Not to mention Bucket T. (T T t t t t t t t t t bucketbucketbucketbucket Bucket T T Bucket T Bucket T) I was ecstatic that the only mp3 album I ripped has a live version of A Quick One While He’s Away, as I’d been singing that in the shower recently. Other shower favorites are Silas Tingy and Whiskey Man, but I doubt I’ll ever hear those two songs again.
sigh
I spent hundreds of dollars amassing the original tapes, and it would easily cost hundreds more to replace them. Simply not worth it. If only I had spent my Napster window (back when it was legal) on the Who instead of contemporary music. Oh well, that’s life. I do like my contemporary collection very much.