For a university project I conducted a little listening test on the new Nero AAC+SBR codec. Other codecs tested were AAC (also Nero codec but without SBR) and Vorbis. The AAC codecs where used at a constant bitrate of 64 kbps and Vorbis at 64 kbps VBR. The results are shown in the follwing graph:

People that conducted the test: JohnV, Ivan Dimkovic, Case, Moneo, superdump and Garf.
Greetings,
Menno