No Ogg Vorbis is not lossless.

Windows Media Audio Lossless is comparible to FLAC file sizes. I think
it sometimes produces smaller files, but not by much.

No license issues with using WMAL. You need a license if you were to
create an application or a hardware player that supportes it (like a
squeezebox). But for just encoding with it in Media Player there are no
fees etc.


-- 
funkstar
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