Region zones do indeed suck, but I installed custom firmware on my PS3 to remove the DVD/Blu-Ray region lock, and now it’s a non-issue.
And I use disc binders for most of my collection, unless it’s something I really want to display. Long-term, once my collection is complete, I do plan to rip everything.
Everyone seems to be telling me that there’s still new releases, but seemingly not for anything I’m interested in. The last Blu-Ray I’ve been able to pick up was WandaVision. There was a time where basically 100% of movies got physical releases and, acknowledging confirmation bias, it does feel like those times are gone.