Creating a simple Discography with custom post types and taxonomy?

Hello,
I’ve searched the forums for questions about creating a discography. While i’ve found suggestions to use custom post types and custom taxonomy, i haven’t been able to found a definitive guide, or one I can modify to my use.

This is for a single artists discography, so I don’t need to nest it more than music/albums/album-name/ or even /music/album-name/.

I’d like the /music/ level before /album-name/ to display all the albums, then be able to click into each one to display all the album details.

So far, i’m trying to decide what the best way to go about this is. I’ve created a custom music post type with the custom post type ui plugin, but i’m not sure if I need to use custom fields for each album or just create taxonomies for the tracklist and other information?

My biggest issue was getting /music/ to show all the albums. I think it was a issue with my template. My template is a buddypress child theme, and the examples I saw on custom post types told me to create a page-music.php or something to that effect and then call the template loop, now the thing is I don’t have the loop.php file that comes with the default template and im not sure how its handled in buddypress, or im just missing something.

So in a nutshell, I think i am on the right track, but here are the condensed questions:

/music/ should display all albums
do I need custom taxonomy for the album details or custom fields?

How would I get the buddypress theme to display the album in a theme-able list, and what file would I need to create to theme the individual album pages?

Thanks for your help, I only have a few days to figure this out so any help is much appreciated!

Let me know if you need anything else from me.
Thanks!