If you want more info on FLAC, click this link: [
flac.sourceforge.net]
Flac and Shn files are lossless files while MP3 are lossy...anything that is lossless (flac, shn) sounds almost identical if not identical to a master audience tape or sbd reel. MP3 is compressed audio and loses sound quality due to compression...
For IPOD's, MP3's are GREAT! For your home and car stereo's, converting the FLAC file to a WAV file and ripping onto a CDR will give you CD quality audio...if its a soundboard source, it would sound just as good as any store bought live album on the market today...