When I went through this exercise I ripped most of them as MP3s but some as WMAs as an experiment using WMP10. You will have to change the filename from, say, 'Track1' to 'Beatles - Yesterday'.
Also create a meaningful folder structure, e.g. Artists A, B, etc, or Rock, Classical, Bob Dylan.
Finally I put them on CDs, approx 200 tracks per CD. Use 'Data' format in either Nero or WinXP's built-in burner.
It's a tedious task but worth it as they play on my domestic DVD player and car CD player.