Converting cd's to high resolution audio


All my music is on cd's and my reading tells me that the cd itself has a limited shelf life and will degrade over time.
Any recommendations about converting my cd's to FLAC or some type of high quality music files. Not looking for
compressed files.
I see products such as the Blue Sound Music Vault and a Sony High Resolution Music Player.
Does anybody have any thoughts about how to accomplish this goal?

Thank you. 
kjl1065
@elizabeth You are actually changing the data retrieved off a 16bit/44.1Mhz CD and having the Marantz up-sample the CD data to whatever. The original is still 16/44.1 and that is that. Half the problem with Hi-Rez downloads is that the masters (tape) were done at a bit rate (eg 16) but up-sampling falsely changes this to 24 bit by colouring in and sharpening the sound image. Sort of like photoshopping a bad or low res image. A.
my reading tells me that the cd itself has a limited shelf life and will degrade over time.

I still have the first cd’s I bought in 1982 and they are still perfect, not a hint of degrading, I’d say a H/D would be less reliable than that.

But please don't provide misinformation about retrieving "more data", your simply not.
+1 on that


Cheers George
elizabethhow is the SA-10 settling into your system? Which cd player/transport(s) are you using w/ its DAC? Thank You.
Happy Listening!
Robert Harley did a piece about copying CDs and why they sounded better. Had something to do with taming jitter embedded in the source data stream. This results in better sounding music or letting the music that's already there come to the fore.
I am primarily using the SA-10 as a DAC. Saving the SA-10's own drive for special occasions..  I enjoy it very much, and am glad I bought it. 
jafant, Sorry to say I do not give out which cheap players I use.I know it seems unfair, but I still buy another now and then. And over the years I have discovered my telling I really like something make it vanishingly hard to find used!!! So I can say there are a lot of really bad CD changers. and a few very good ones.Again I apologize for my being unwilling to share.