Lossless compression has several key advantages.
Secondly, it can compress and decompress files much more quickly than lossy methods. This means less CPU consumption during playback, and a whole lot less time archiving your music collection. Finally, lossless compression allows for an infinite number of compress and decompress cycles without any loss of quality. That way, if new technology is ever developed, you don't have to spend the time recopying your whole music collection. Now supported only through Media Jukebox or Winamp 3 readers.