In fact, one of its original tag lines was “Rip – Mix – Burn”
I’ve used iTunes/Music (in all its various capabilities, incl. Match) for many years, but these days not so much. It lacks two key things I require for my current listening habits: an iPad remote app and support for other streaming services like Qobuz. There is also the lack of support for FLAC and DSF files, of which I have many, but I could work around that by converting them to ALAC if I weren’t so lazy.
I mostly use Audirvana, which covers these bases and consumes everything in my iTunes library as well. Occasionally, there is a track that streams only from Apple Music and not Qobuz, for those I use the iTunes (i.e. the Music app). My room EQ is system-wide (DLBC), so switching between players is no issue.