I've done both, but have taken to splitting things off so I don't need to retain as much detail in track titles.
For example, I just ripped Handle's Orlando from a set of three CDs. Each track was prefixed with "Act I" etc, but I don't need to see that on my playback devices limited screens (car, iPhone, ND5) so I renamed each of the CDs Orlando: Act I, Orlando: Act II, Orlando Act III and removed the track titles prefixes.
I may start doing the same for multi movement works, etc.
iTunes tagging is so broken for classical music. I hate it.