This may be a dumb question so i have been hesitant to ask, but will anyway.
I have noticed in many forums, including this one, that no one mentions using AAC at bit rates of 256 and up. The discussions center around the quality from the 64 to 192 range. This is unlike MP3, where alt prest standard and extreme are common compression algorithms, and have bit rates from 200-250.
Does AAC offer no noticeable quality improvement once the bit rate exceeds 192? If the lack of discussion is indicative, then I'm guessing it does not.
I'm more interested from the aspect of playing AAC encoded CDs in high end stereo equipment (hopefully DVD players will soon support this format like MP3!!!) then from an iPod listening perspective where the general consensus is AAC 192 is as good as it gets on an iPod.