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Sorry Mole, I wasn't clear. It is true that from CD to Wav it is lossless, however when the people making the CD are taking music from say a analog master tape (Music made in the <90's), there is a...

You can play MP3's from a CD by opening the individual MP3 files with Winamp or similar Mp3 player. There are mp3 players available such as the diamond rio. But it comes with Flash memory (32-64Mb)...