thanks guys......by saying size does'nt matter, I did'nt mean I don't want compresssion......if its the case I can use the wav file itself rite????
FLAC does compress the audio file, but in a lossless way i.e. not even a single bit is lost while compressing. It is well supported, very stable and available for all major (and many minor) platforms/players.
I always prefer AUDIO CDs to mp3s because of audio quality....so I need to hear the songs in my PC or Phone with almost the same quality with a little compression......thats what i meant...................
I had the same question about few months ago, and I searched for the answer...
What I got/deduced was that, for mobile phones at least, MP3 is a better choice. Because,
(1) All (virtually) phones don't support OGG/Vorbis (may be yours also)
(2) Even WMA is supported by a select few.
(3) AAC is supported on most, but it was having shortcomings like reduced battery life. Also difference between AAC and MP3.
Manufacturers are mostly promoting WMA/AAC (or such formats) mostly because of DRM.
So, in your case (so I need to hear the songs in my PC or Phone with almost the same quality with a little compression) I recommend using MP3 with a higher bitrate like 192 kbps VBR and make sure you use an encoder which uses LAME.