Anyway, if that is the case, one guy who does a lot of work in DJ’ing and such, told me that MP3 320 is the same as an uncompressed file, except that both frequency range extremes have been cut down to the range that the human ear can hear. Now I’m not sure what that range actually is, but if it’s close to 20-20k, then I might assume that the highest quality MP3 320kpbs would be an acceptable or reasonably high quality recording, but in a much smaller file size than an uncompressed WAV/PCM, etc. Maybe I’m wrong about that, but that seems like one feasible option.
Also, I hear that some sites offer higher grade (better than MP3 320) media files. Although I haven’t checked out very many, most sites seemed to offer a premium service for higher quality files at an upgrade price.