Next for Apple: Lossless iTunes Store

DrJenny writes: C|net has an interesting piece running at the moment about why Apple developed their own lossless codec, and more importantly that iTunes will become a download store for lossless audio, potentially from all the major labels. This would be a massively positive move for people who spend hundreds, if not thousands, of dollars on hi-fi gear, but refuse to give money to stores that only offer compressed music. It's a big FLAC, DRM, ALAC and GB discussion, but it's a very exciting perspective, and surely one that'll pan out meaning audiophiles will finally be able to take advantage of legal digital downloads.