Well with all the talk of compression etc around here figured I would show a visual representation of a dynamic track and a compressed one. Some cool software came with my soundcard that allows me to look at audio files on sort of an oscilloscope representation. I can easily zoom in and see clipped waveforms and such with this software but this is a dramatic view of a dynamic track, "Up is Down" from Pirates of the carribean soundtrack (#3) and one of the most horribly compressed tracks I can think of taken right off of the red hot chili peppers perfectly produced "californication" *insert sarcasm here*
Without zooming in enough to see the actual waves you can easily see that there are peaks, and dips throughout the entire track.
If i were to zoom in on some of the waves in this tracks you would be able to see the clipped signal. As you can see its pretty much a solid block of noise for the duration of the entire track. Whoever decided to do this was certainly a genious because this could easily be a cd i would listen to all the time if it had some dynamic range and didnt sound like absolute rubbish. The vocal tracks are clipped!