Direct from ILAM the whole set on CD is 19,700 South African Rand, or 2,116 USD; that's about $10 per CD. I estimate that it will take about 160 hours to digitize the collection (I can obviously do other things while this happens, so that isn't even a factor). The real work would be cleaning the discs, breaking the master files into tracks, and adding the ID3 tags. I estimate that work to be 100 hours (that is actual sitting-at-the-computer time on task).
Obama's proposed $4,000 tax credit for college students requires 100 hours of community service. Searching online, I see that 100 hours is often used as a round number for all kinds of volunteer service (including court-ordered stuff... yeuch!). 100 hours during evenings and weekends would be no problem at all.
And check out Radio Global Sound, which is super cool, too. Streaming and free.
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