The only caveat to that is there tends to be sync issues and other problems that arise with VBR in certain applications. If you're not worried about space, you're better off with CBR simply because it's likely to give you less problems in the long run.
As far as quality, there shouldn't really be any noticeable difference. When VBR drops the bitrate for quiet parts of a song, the quality is irrelevant because the bits being excluded aren't representing any actual data. But typically VBR is only really becoming an asset when there are quiet enough parts of the song that wouldn't be heard very well in the first place... and that's not very representative of most of the music most people listen to.
Personally, I'd say go with CBR unless there's a compelling enough reason not to. If you actually need the space, you're probably better off just buying another external hard drive or whatever.
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