CWmike writes "Lossless audio formats that retain the sound quality of original recordings while also offering some compression for data storage are being championed by musicians like Neil Young and Dave Grohl, who say compressed formats like the MP3s being sold on iTunes rob listeners of the artist's intent. By Young's estimation, CDs can only offer about 15% of the data that was in a master sound track, and when you compress that CD into a lossy MP3 or AAC file format, you lose even more of the depth and quality of a recording. Audiophiles, who have long remained loyal to vinyl albums, are also adopting the lossless formats, some of the most popular of which are FLAC and AIFF, and in some cases can build up terabyte-sized album collections as the formats are still about five times the size of compressed audio files. Even so, digital music sites like HDtracks claim about three hundred thousand people visit each month to purchase hi-def music. And for music purists, some of whom are convinced there's a significant difference in sound quality, listening to lossy file formats in place of lossless is like settling for a Volkswagen instead of a Ferrari."
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