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Does it have some sort of lossless space saving format like FLAC or Apple Lossless? If not, the memory is less than it seems. If I were an Olive designer, I'd make a product with 1TB internal memory, a lossless compression format like FLAC and/or Apple Lossless, no internal DAC (digital out only), and controllable by an iPhone, Touch, etc.That would be the most efficient and useful product for most people like us IMO. Maybe I'm wrong. Wouldn't be the first or last time.
I think you guys are missing the point.
Not everyone is a computer audiophile, guys.I don't know if the Olive units are really any good, but the target market is all the people who haven't even heard of a DAC (about 99% of the population), and want computer audio, but only if it has use and setup similar to a traditional audio component: hook up 2 RCA cables and turn it on. No mention of usb, DAC, drivers, usb to SPDIF converters, ripping software, playback software, optimizing computer setup, etc., etc.
Basically, they want their iPod, but in a format that fits with their home audio/HT system and looks like something that belongs in their living room, and replaces the traditional CD player in terms of sound. The last thing they want is an additional box (such as DAC or external drive) and more cables.
The Olive units support FLAC. As far as HD size, they make a more expensive audiophile model with 1-2TB and more connectivity options. The iPhone/iPod Touch option already exists for both models.
But again, let's deal with the real world: how many people own more than 300 CD's? An exceedingly small part of the population. I bet only a small minority even have 200. 500GB of FLAC is something like 750 albums. So that also takes care of about 99% of the population.