Make sure to rip as many as you can to make digital back ups in case the physical copy degrades. Also with these digital copies you can use things like Jellyfin to host your own media server (essentially your own netflix with your content, free of charge). There are also emulators for different gaming systems so, be sure to check that out as well.
Discussion
I do that, all music goes to flac files. I haven't done the home media server thing yet, I need to figure that out but I have a really nice little player that has good sound and fits in my pocket :)