QUOTE(smok3 @ May 20 2008, 07:31)

QUOTE
You could use this codec for radio programs from locations
what would be the practical difference between 20 ms lag and 8 ms lag in this case?
One point worth raising is that AAC-LD as tested against CELT isn't 20ms, it's somewhat more. Constrained to 20ms AAC-LD would likely do worse in the listening tests (Just as CELT does worse when cranked down to 3ms delay).
As far as lower delays go:
For one way transmission? One advantage is if there is high delay that the encoded audio will arrive later than any un-encoded paths and create an echo. (i.e. in the case of simulcast radio, or monitoring at live events)
For two way applications, my experience has been that acoustic echo cancellation works much better if latency is reduced, and that this continues all the way down to zero delay: It's always a win for the echo canceler to have less delay to deal with.
Even if a one way delay >20ms is acceptable for your application, CELT increases the distance at which you can achieve a particular total system delay. Signals travel in fiber at roughly 2/3C, So CELT will extend the distance that you can achieve a particular delay by 500-750 miles vs a 20ms codec (assuming CELT is 9 - 3ms, the delay range CELT is currently useful for), or 1500-1650mi vs 40ms codecs (which is closer to what CELT was tested against). These are distance differences which are significant in the real-world. Minimizing codec delay in long distance applications is important since its one of the only ways to constrain total system delay as the speed of light is fairly non-negotiable.
In cases where lowish latency is somewhat important but signals are not being sent long distances CELT still helps by reducing the latency pressure on other parts of the system: By using a lower latency codec more of the delay budget can be spent on long error correction codes, interleaving delay on simplex channels, transmission equipment delays, jitter buffering delays, and other overheads. Small frames also directly reduce interleaving delay. The difference between CELT and a 20ms codec could be expected to 'pay' for all other delays in a typical system.
When compared to 40ms (or 34ms) CELT's delay advantages are even greater.
For packetized transmission it most likely the case that smaller frame sizes will tend to improve packet loss robustness though it's not clear exactly how the pay-off curve for this is shaped. Speech transmitted in CELT with 30% packetloss is fairly intelligible (and 5% sounds not too bad). This is too codec-dependent a factor to directly attribute to small frame sizes (especially considering that 1 lost frame reportedly can result in ~1 second of total loss for the FhG ULD codec) but I do believe that it is something we should expect as a general trend since smaller packets mean that one packet loss loses less data.
Finally, ... Not relevant to a user shopping for a codec but perhaps relevant to Hydrogen audio: Pushing the bounds of low latency compressed audio is simply good for advancing the art. Near-transparency has already been achieved with decently low bitrates. How can codecs get better in the future? There is still a lot of room for advancement in the area of near-transparent bitrate but we can also improve codecs by decreasing their delay, improving their error robustness, and decreasing their computational complexity. As each of these dimensions become closer to perfection incremental improvements become harder but the insights learned can possibly be applied to improvements in the other performance dimensions as well.
(CELT also has other advantages unrelated to latency. I've only discussed the advantages which are arguably delay related here)