Chimerical, are you on Mac or PC?
I know of a program for Mac that does exactly what you say.
Panzer

BluRay has lossless audio?I never knew that. I shall definitely be purchasing my films on BluRay now, rather than probably purchasing them.
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Aw damn!Sadly not all have lossless audio!
I thought it sounded a little too good. Do you know if it says on the packaging what the quality of audio is, or would one have to look on the internet before purchasing?
Thank you. 
What I want to do is burn my entire DVD collection to HDD and then just sell/give away the discs.
Only problem is finding a program that will copy over the whole disc completely uncompressed and lossless (so 9GB per DVD) and buying the amount of HDD's needed and then backing the whole thing up.
No, but I sold my Blu-ray player and bought more DVDs with the proceeds.Have you sold your entire DVD collection only to buy it in Blu-Ray?
Awesome beans, thank you.Pretty sure it does.

what blurays don't have lossless?
.Copyright infringement ahoy!
Chimerical, are you on Mac or PC?
I know of a program for Mac that does exactly what you say.
Panzer
Well said. You're in breach of copyright laws every time you copy a CD without the permission of the copyright holders.If that's copyright infringement then so is ripping CD's.
If that's copyright infringement then so is ripping CD's.
Aside from this the only reason to buy a BR player is for the extras. Inglorious ******** is going to be released in about 9 days. The DVD is bare bones but the BR is packed with special features.By all means get new releases or other films/series that you do not yet own in BR but I really wouldn't bother buying all your dvd collection in BR!
No, but I sold my Blu-ray player and bought more DVDs with the proceeds.
DVD should last longer than VHS, I would've thought, because it's so widely used. Blu-ray seems like a con to me. You need a large TV to really benefit from the increased picture quality. I'll go back to BR when they're as cheap as DVDs and DVD players currently are (provided DVDs have been phased out by that time).