John, I have over 1300 albums in FLAC format on a hard drive, and if you've found a way to import to FLAC using iTunes, please share! I'm using iTunes version 7.6 as well and there's no choice for importing to FLAC on my PC. Are you sure you didn't choose Apple Lossless format?
I used EAC to extract from discs and use Foobar 2000 as a player and there were many growing pains learning the programming language to get all the files tagged correctly, but it was worth it. Good choice on the FLAC format for sound quality. My only advice, if you have a large library, is test, test, test before doing the whole shot. Compilation discs, soundtracks, musicals and classical discs can import with some unexpected results for file names, artist/composer names and folder structures. Good luck.
I used EAC to extract from discs and use Foobar 2000 as a player and there were many growing pains learning the programming language to get all the files tagged correctly, but it was worth it. Good choice on the FLAC format for sound quality. My only advice, if you have a large library, is test, test, test before doing the whole shot. Compilation discs, soundtracks, musicals and classical discs can import with some unexpected results for file names, artist/composer names and folder structures. Good luck.