QUOTE (Big_Berny @ Feb 6 2007, 11:41)

Well, lossy doesn't mean that you can hear a difference. Because there always are some informations which you don't hear/need.
The reason for using a lossless codec is that you then can be sure that there is no difference. Lossy codecs always can have a 'bug' and create artefacts in some special cases.
Big_Berny
Exactly my point. I said earlier:
QUOTE
Lame overall does a pretty dang good job. But its not 100%, hence the word lossy compression.
Theoretically speaking lossy codecs are not 100% perfect. Therefore there can exist audible differences between -V0 and .wav. Keep in mind I'm not taking into account artifacts and problem samples. In reality however audible differences exist only in very rare cases. And when they do, only the most trained ear can pick up on it. But thats the whole challenge of a lossy codec isn't it. To decide what information is not "needed" so you can save more disk space.
If you're friend really said "I can hear a difference 100% of the time," I say bogus. If he says he can hear only hear the difference in 1 song out of a few hundred...I would be more prone to believe him.