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A bit late, but I take issue with the earlier statements that the mp3 format is not of sufficient fidelity for playing in a club. Given a high-quality encoder (LAME) and a sensible encoding bitrate (LAME's --alt-preset standard) nobody will be able to tell the difference, and your storage needs will be reduced by 80%. LAME -aps is indistiguishable from the original by most people most of the time, and a club environment won't be anywhere near revealing enough for the most golden-eared audiophile to hear anything different.
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