Wow. Filesizes

[Lyberta]

why bother about audio files size in the 21st century, when the storage is REALLY cheap?

Bandwidth is not so cheap.

[tramp]

Flac uses a lossless compression, and is what you want if you wish to retain all original audio information.

Know it now. I will remain with flac or wave now i know that.

You need to know also that flac didn't store values above -1/1, so, when you've run into clipping and recorded in flac, you cant restore the sound by simply reduce the volume or normalize.