So much to learn about iTunes and iTunes match. Here are additional questions:
Have HD Track, iTrax and others standardized on a single lossles compression format or are they still competing with each other. What is/are the format(s) called? How big are the files compared to CD-to-ALAC files?
To my previoius question, if Apple were to support it, would it need only a firmware upgrade on iPhones and iPod Touch? It sounds like a market opportunity for Apple to popularize such a format, assuming there is already one dominant standard. It would be an innovation for the next-generation iOS devices that would sell more hardware and more songs from iTunes with premium margins. Alternatively it could be a lost market opportunity, with lost market share, if other portable audio devices support it and not iOS devices. Appple could bootstrap the better-than-CD audio market with volume deals with the music labels.
And, if iTunes Match uploads an unmatched tune in ALAC format from my Mac, will it stream it down in ALAC format instead of 256 AAC or does it do the AAC compression on the fly? I assume the latter.
Are most of the answers to my questions in this tread already covered in an iTunes Tips document?