I know what you mean. I can easily tell the difference between 128k MP3s and the original, but once you get beyond 192k, the differences are so minute that it's not worth the hassle. Personally, I just use V0 MP3 for everything as to me, it's the best compromise between quality and file size, and I really cannot tell the difference there at all - even through my hifi. And it means that I get to run all my music through MP3Gain to level the volume in a way that both Winamp, iTunes and my iPod all support.
As for FLAC and whatnot, I don't see the point of it really. Not when you see just how much they destroy modern music during mastering anyway. Does clipping really sound better when it's lossless for instance? ---
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