Originally Posted by kennyt
While I don't know of any software that rips to two different formats, I have found sometimes my Mac will rip to two logged on users SOMETIMES, but it's not perfect.
I would highly recommend you immediately stop ripping in anything lossy.
You're absolutely right. I just ripped an the CD layer of an Elton John SACD/CD remaster. The sound is fantastic. I'm going to rip all my CD's to lossless. It'll take a few months, but it was time anyway. Since my first rip I've bought a few hundred remasters.