I fundamentally disagree with you user.
Of course you should not
aim to transcode, but sometimes it is inevitable, and sometimes it is not worth worrying about.
Of course we should all keep our lossless files and use them everywhere, but sometimes we can't, and sometimes it is not worth worrying about (for some people).
For example...
Modern loud CDs regularly hit 1000kbps+ with lossless codecs.
What's happening is that the mathematical 96dB range is being perfectly preserved, even though the actual dynamic range is about 6dB.

I believe it is pointless keeping the lossless version. It's a "perfect" copy of a mediocre original.
Thankfully, lossyWAV, used less aggressively, allows you to make a near-lossless version.
If I can have something which is half the bitrate (or less), sounds identical, and transcodes identically, then I have no need to keep the lossless version.
To me, this is an argument for dumping the lossless original. As it says on the Monkey's Audio website: lossless is for anal retentives. I'm not one, so if all rational reasons for lossless are removed, I won't use it. YMMV.
Why not create mp3s or whatever from the lossless original?
1. "Why not?" Well, Why? Really, if there's no difference, why? It's OCD-like behaviour.
2. I might not know the lossy format I will need in the future. Shall I create mp3, ogg, AAC, HE-AAC etc?
3. If I'm a radio station, it's the broadcast (FM, mp2, mp3, WMA, whatever) that's the "transcode" - I can hardly avoid that or make it at the same time as I rip the CD.
So, for me, the "transcodability" of the less aggressive lossyWAV modes is very important.
I could give you more examples... "sensible" preservation of 24/96 files; "sensible" preservation of GBs of "working files" from audio sessions which will probably never be used again, but won't be any use
at all if converted to mp3; etc etc etc.
If lossyWAV, in its more gentle modes, is "safe".
Cheers,
David.