I have done blind testing with AAC lossy at 256K and Apple Lossless. A group of six audiophiles could not hear any differences between CD, WAV and various lossless files. Further, we could not hear any differences until the bit rate was below 256 KB. Once under 128 KB, differences were obvious.
The above results are heresy to audiophools but modern audiophilia is a religion as you need to have faith and believe to hear the differences that they espouse.
The above results are heresy to audiophools but modern audiophilia is a religion as you need to have faith and believe to hear the differences that they espouse.