I spent yesterday downloading the new iPod software and iTunes software. I then took my reference discs and re-ripped them using the new Apple Lossless format. The songs appear to be about half the raw file size as claimed. The bit rate is variable depending on the track, this must be determined by the "complexity" of the track and I have seen bitrates from 600 to 1200 from the tracks I encoded. The sampling rate is 44.1K of course. I wondered initially if this was a DBX type encoding, but that usually has a variable bit rate in semi-real time. Not that the Apple format doesn't, but it does not specify if the listed bit-rate is an average or not.
The results are very promising. Leagues better than AAC or MP3 at any bit-rate. Compared to the raw WAV file, the only differences I noted was a very imperceptible tapping sound from time to time in the left channel as dynamics changed rapidly. I am not positive if this is codec related, iPod related, or even the new software. Or if I am imagining it, but I am fairly sure that is not the case.
That being said, I can listen to the iPod in this format almost as readily as from the CD through a Naim CD5 w/FC2, and that is saying a lot! Enjoyable, textured, dynamic, and resolved with good pace and good soundstage. Those are two areas that could be improved, pace and soundstage, but hey, it's coming from a $300 handheld audio system compared to a purpose built CD player with seperate power supply retailing for over ten times the cost of the iPod. And honestly it sounds better than many of the "audiophile approved" CD Players I've had.
Thanks for clueing me in to the update!!!
System used:
iPod 15GB 3G -> Griffin mini-plug to female RCA cable -> Chord Cobra RCA to DIN cable -> Naim NAC 112 -> Naim DIN cable -> Naim Flatcap 2 -> Naim DIN cable -> Naim NAP 200 -> Naim NACA5 Speaker cable -> Von Schweikert VR-2