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Monkey's Audio files being susceptible to corruption..
That depends of the "encoder" chosen. I think these issues have been fixed and no more (bad) corruptions - correct ME if i'mwrong...
I would absolutely choose Monkey's Audio (MAC) if having a need to switch to a lossless codecs - it makes smaller files than Flac still having nice "almost" PCM-alike quality and it's supported more (imo vs. experiense) and have many more ppl using that one.
Also most of the modern players can play MAC without external plugins, same cannot be said about FLAC. Many (unnamed here large jukebox) players cannot play them at all (and won't even have plugins to install).
If you use mostly winamp / foobar, flac is ok ...
(I use still those "lossy" formats just because they and their technology evolves all the time and have better quality year by year. Truth is that mp3 (+Pro) is getting outdated with it's many restrictions and quality issues.
My.fav is AAC (.mp4, .m4a, .aac) with high variable quality - making 50 megs wav about 6-8 megs in size. For me it sounds "lossless") B)