The results were quite interesting.
While the original WAV and the 3rd generation WAV reported identical, the original AIFF and 3rd generation AIFF files did not. In fact, file sizes differed by 6 bytes, the alac2aiff file being larger. I've also tested iTunes converting WAV to AIFF and then back to WAV, and vice versa. Those proved to be identical.
Any ideas explaining the behavior? Thanks.
Tests were done in the latest iTunes on a Mac platform. iTunes version 7.0.2
CODE
diff cdda2wav.wav alac2wav.wav -s
Files cdda2wav.wav and alac2wav.wav are identical
diff cdda2aiff.aif alac2aif.aif -s
Binary files clean.aif and radio.aif differ