Just take your AIFF or WAV or whatever file and use bzip or gzip -9 and there you go. No loss.
Sure, the resulting file will be larger than a 160kbps mp3 of the same thing, but that's the compromize. Really, as disk space and bandwidth continue to become more plentiful and cheap, MP3 (and other audio compression schemes) will go away.
Just take your AIFF or WAV or whatever file and
use bzip or gzip -9 and there you go. No loss.
Sure, the resulting file will be larger than a 160kbps mp3 of the same thing, but that's the compromize. Really, as disk space and bandwidth continue to become more plentiful and cheap, MP3 (and other audio compression schemes) will go away.