I'm not sure if flac can currently even handle the bitrate and frequency types of studio quality stuff, but it could be updated to handle it. There would be no point in keeping stuff at cd's frequency and bitrate if cds are gone. Of course this is all what should happen, not what will happen. What will happen is probably shitty mp3s for another decade.
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Re: CDs to be abandoned by major labels in 2012
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Re: I remember buying my first CD when they were 'new' technology
