QUOTE(Funkstar De Luxe @ Jul 6 2006, 01:03)

I want to convert a bunch of .wav files from 24Bit to 16Bit so I can compress them more efficiently with FLAC. What's the best was to do this (quality wise), and will there be _any_ audible difference?
No, there will be no audible difference if all you are going to do to the files is listen to them. (Yes, I know this is a contentious issue, but there really is unlikely to be an audible difference). If you are using the files for mixing or other processing, then keeping the 24bit is worth while.
QUOTE(Funkstar De Luxe @ Jul 6 2006, 01:03)

Some one said that I should do it with Foobar2000 becuase it has a nice dither. Is that true?
Foobar does have nice dither features. Dither, as you may know, reduces the noise floor in the audible band by moving the noise energy up into high frequencies. This probably won't be audible in most environments, but is still worth doing (for listening, if you are going to apply processing later then don't dither).