First off wantd to congratulate soem of our members here for their incisive and descriptive talents.
It has been propven without a doubt that Jitter is very perjudicial to our music, there was a test done in which a panel of well versed and auditioned audiophile and musicians listened for a litle while to a CD of first cut recording direct (to avoid missinterpretaions or wrong intent) then to listen to the same part of music but the 100th generation of recorded music on CD as well.
Same data, same bits no data error, same thing, what was the differnece between those two recordings?
you guessed it!!! much Jitter, not enough to trow you off but enough to sound degraded and lacking compared to the 1st generation recording, that point established i can tell by own experience that i have heard lossles compresion played on a Macintosh computer through a $150 USB DAC into a Audible Illusions modded preamp into Quicksilver Audio monoblocks into Vandersteen speakers sounded A LOT!!! better than a very good source of playing the same CD version going though a Benchmark media or Classé DAC going though the same pipelines.
So even though MP-3 is sonically inferior to 16 Bits also 16 bits are very rudimentary when compared to 24 bits 96 Khz or 192 KHz material.
That is my 2 cents here.
Losless compression might be the way to go for playback, still discs are required for portability and to take it to your car, boat, aprty or friends house ofr a listen to his/her new toys, etc.
Also when evaluating new components or speakers this still is the batter way to go.
Long like to CD's thank God DVD audio is here also. . .
God Bless!
gonzalo