How to introduce computer audio to my system?

I have an EMM XDS1 and (too many) CDs (mostly redbook).
What is the best way to start storing/organizing CDs on a server and play them back using the DAC inputs on my EMM? Thanks.
I use a single HDD (no RAID) for my main music library but use a RAID 6 NAS to back up the files.

ps even RAID is not infallible especially for most SOHO systems so if you are really being pedantic, you will need replication as well.
The problem with RAID is if you get hit by a power surge both drives in the enclosure will be wiped out. The safest backup strategy is to have one backup drive physically disconnected from power. Of course, better still is to have a backup drive in different physical location.
Great question/answers! I run sonos feeding a wyred4sound dac2 listening to mog. It's okay but honestly not great. Looking to hook up my mini mac using high res files and was suprised to hear mog streams that high a rate. Maybe I won't be hooking up a mac mini after all, lol