Can you create different iTunes libraries on 1 computer?
I'm looking into setting up a computer-based music source and have pretty much decided upon a MacBook + Cyrus DAC-X for my main system, with an Airport Express to serve a second system. I've decided that I'm going to use uncompressed AIFF rips of all my CDs, however this is going to make my library too big to fit on my ipod (160gb classic) and I'd only be able to fit a handful of albums on my iPhone.
So is it possible to create 2 iTunes libraries on the same computer - e.g. one for all my music ripped as AIFFs and another with everything ripped as say mp3 @ 256kbps. Then I could use the main library for music replay at home and the second for syncing with my ipod. Or is there another solution to the problem that I'm missing?
Obviously what I'm trying to do is avoid having to selectively populate my ipod and retain a reasonable quantity on my iPhone, but quality of replay at home is of paramount importance.
How good would Apple lossless rips be in comparison to AIFF - I think if I had my entire library in Apple lossless it would still fit on my ipod, but I wouldn't be prepared to accept a reduction in quality when replayed through my main system.
Any thoughts appreciated, thanks.