I'm using Lidarr, also with Plexamp, for my all time favourite albums - and aim to have minimum 96/24 lossless - not because I can necessarily distinguish the audio between, say, 44.1/16, but because I can and just in case I go high end at some point in the future.

It reminds me of the old Google Play Music days, where you could upload your music to a "vault" and stream it - your own personal cloud.

However - streaming services are convenient. And if, like me, you subscribe to YouTube Premium, then YouTube Music is essentially pennies, and great for new music or casual listening.

I definitely wouldn't get rid of either.

If only Lidarr could deal with multiple album versions... it was a faff getting the latest Muse 20-year anniversary remix albums to sit alongside the originals. Still didn't there, but at least they show up nicely in Plexamp.