A BOSE system is not something you want to boast about .
Generally speaking, MP3 is not even the best lossy format. It's been supersede by other formats but everyone uses it because it's the most popular and most common.
In terms of the FLAC versus MP3@320kbps argument, there's a lot of variables including the type of music you are listening to. Or in some cases, the way the original music was mastered (example see recent release from Metallica, the original CD was so horrible it didn't matter). For me I would normally used AAC for portable music and FLAC for achiving.
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