Dual iTunes Library

[Jack Flash]

I want to backup my CDs in Apple's Lossless format, but want compressed files in my regular on the go Library and to sync to my iPod. Is there an easy way to do this?

 

[Blue Velvet]

This AppleScript works very well... and reduces the hassle of trying to maintain duplicate and identical libraries.

Lossless to AAC Workflow v1.5
http://dougscripts.com/itunes/scripts/scripts07.php?page=1#losslessaccworkflow

Read the details here:
http://dougscripts.com/itunes/pdf/losslessaccworkflow.pdf