Please take a look at these web sites for detail how-to steps:
http://www.ipodlounge.com/
http://www.ipoding.com/
http://www.ipodhacks.com/
In addition, based on my own experiences, I have the following recommendations if you have enough disk space:
1. If you are going to play from iTune, rip CD to Apple Lossless. Apple Lossless sounded the same as WAV when played from iTune. No need to waste 50% disk space.
2. If you are going to burn CD from iTune, rip CD to WAV, not Apple Lossless. CDs burn from WAV sound better than burn from Lossless. I cannot explain it but I have tried a dozen CDs and every one sound better when burn from WAV.
3. Convert the ripped WAV or Apple Lossless to MP3 VBR at 320kbs for iPod upload. When played back from iPod through HD-650 headphone, I cannot tell any difference between MP3 at 320kbs and WAV. No need to waste limited disk space on iPod.
4. Use smart playlists to separate the WAV, Apple Lossless, and MP3.
5. Do not delete the WAV or Apple Lossless even after you have uploaded to iPod because you cannot transfer them back from iPod easily at least not from iTune, you will need other tools.
http://www.ipodlounge.com/
http://www.ipoding.com/
http://www.ipodhacks.com/
In addition, based on my own experiences, I have the following recommendations if you have enough disk space:
1. If you are going to play from iTune, rip CD to Apple Lossless. Apple Lossless sounded the same as WAV when played from iTune. No need to waste 50% disk space.
2. If you are going to burn CD from iTune, rip CD to WAV, not Apple Lossless. CDs burn from WAV sound better than burn from Lossless. I cannot explain it but I have tried a dozen CDs and every one sound better when burn from WAV.
3. Convert the ripped WAV or Apple Lossless to MP3 VBR at 320kbs for iPod upload. When played back from iPod through HD-650 headphone, I cannot tell any difference between MP3 at 320kbs and WAV. No need to waste limited disk space on iPod.
4. Use smart playlists to separate the WAV, Apple Lossless, and MP3.
5. Do not delete the WAV or Apple Lossless even after you have uploaded to iPod because you cannot transfer them back from iPod easily at least not from iTune, you will need other tools.