sorenfelden: (even iTunes socalled LossLess is quite compressed and therefore not true lossless).
Let me rectify this common misunderstanding.
The music sold on the iTunes music store, is not sold in a lossless format, it is compressed using a lossy format call AAC.
On iTunes, however, you can rip you own CDs using a lossless format called "Apple lossless". This is a true lossless format. It compresses the file a least 50%, but when uncompressed, it reproduces bit for bit the same file as on your CD. No information was removed. Just like when you compress a file using ZIP, when you uncompress it, you have the same file as the original. Nothing was lost, even though it has been compressed.
p.