So far everyone's responses have been pretty good and appear to falling
heavily in favor of ripping via a lossless codec for serious listening
and archiving and only a lossy codec for portable devices and internet
streaming. And I completely agree.

What hasn't been mentioned is that the thread linked to by the OP is
making reference to an article by "The Audio Critic" and the Audio
Critic happens to be full of sh*t. The guy has a serious ax to grind
with the high end audio establishment. While there are plenty snake oil
salesmen in high end audio (think "magic clocks"), not everything in
high end audio is snake oil. Higher resolution material does sound
better, provided that one is listening to it on a stereo system capable
of reproducing the "clearer" sound. In other words, on a typical
computer audio system ($20/pair powered speakers with a plastic
subwoofer being fed by the onboard sound system) one couldn't tell the
difference between a 128K mp3 file and an SACD let alone between a CD
and an SACD.

I also completely agree with what Robin Bowes wrote: "So, to recap the
point, I believe that short-term comparison testing may not always show
up any differences between sources." This is very true and for a better
understanding think about the test drive at a new car dealer. Nice
sunny day with clear and dry roads and the  car drives great. Now take
that same car and try test driving it in the rain or snow - you may
come away with a completely different feeling about the car. One needs
to listen to many types of music to fully understand how a stereo
sounds.


-- 
ralphpnj

Lock, Stock and Two Smoking Barrels -> Snatch -> The Transporter ->
Transporter 2
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