Mark, there is a reason to go with some lossless format and a player that plays it. For instance, I convert all my CDs to Apple lossless format. That way, I can store them in a library that is linked to a database that has the album artwork, the year of the specific track, it's full name, and many other useful things like its position on the album (disk number and track number). For classical music, you can have the conductor as well as the composer. For a big library, it's nice to have the genré of the music. All these are sortable to put together a playlist. WAV files can only have certain tags associated with them, and I know album artwork isn't one of them.