Do I need an m3u8 file for Winamp?

[Zeekid]

I started using Winamp in the 80's when things were simple. Download a song, put it in your library and play. Now, not so much. Here is where I would appreciate some constructive advice.

I'm running windows 7 and using the windows music library for storage. I use EAC for converting my cds to flac. Then I run them through MusicBrainz Picard.

In EAC, I create a m3u8 file for Winamp. Is this necessary or will Winamp take care of itself when I "rescan"?

Also, I now have reached over 10,000 songs and things are starting to get cumbersome. Would some of you heavy hitters tell me how you categorize your library and why it works for you? Do you have any tricks or advice for setting up your music library? I'm as old as dirt and really want to clean up my library to pass it on to my grandkids who love my "Rock n Roll" music.

Sincerely,

Zeekid in Virginia, USA