Hey there, "Lossless" is complete misnomer for ALAC. I made no mistake in the encoding, I used the best compressed format in iTunes on the Mac which they touted as ALAC and AIFF for the identical track. The difference was clearly audible to me. Cymbals had sort of "zipper" sound on the ALAC, so I didn't even make it past the intro to call it off. The Mp3's I was referring were encoded with the LAME encoders. Google that. That is more recent technology that uses the MP3 container but is totally new software that uses advanced concepts that are still being refined see
http://lame.sourceforge.net I used it in Audacity, a free editing program, and the LAME encoder is a free plugin for that platform. ALAC is nowhere to be found with audio pros.