And to answer your question, LAME is generally considered the MP3 encoder of choice (even though some ABX tests on HydrogenAudio found that people found Helix the most transparent at 128kbps).
All this mp3 talk is way off topic, mp3 or any lossy format are not allowed on the tracker in question period, its all about quality. Nothing wrong with mp3 if your are happy with it. This site is for people who want the best quality and if you find that over kill its probably not the site for you.
HydrogenAudio is probably the best place to discuss if x audio soft better than y audio soft, or if you don't understand why x ripper is better than y ripper.
With storage as cheap as it is now, I don't see why people mess with anything less than FLAC, unless they cannot afford more drives. At some point, I am of the opinion that many trading MP3s will regret not having the original lossless source material to re-transcode.
Storage allotments are only getting bigger, not smaller.
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