[quote author=Audioillusion link=1040842968&/45#54 date=1041584968] I've tried the MP3, it does sound like an MP3 compared to the wave file, in other words it sounds like a four letter word. [/quote]
I strongly dispute this.
Firstly, what soundcard are you using? There are not many soundcards whose amps are good enough for your headphones. I was using a Roland SD-90 24/96 studio audio interface, and I couldn't tell the difference. Admittedly I wasn't using 'audiophile' headphones, since I didn't have them with me, but even so...
If it really does sound that bad, then surely you can tell the difference easily between clips if I post a/b of the original file, and the mp3 converted back into WAV. Fancy a challenge?

I wasn't using LAME, just cooledit (another studio-quality piece of software btw), I'm sure you could not tell the difference if I used LAME, and I'm pretty sure the guys at syntrillium would be upset if you could even with cooledit.
Or maybe it's just your mp3 software which you need to change, but that too I find odd, most software is capable of accurate playback. What software are you using?
Damn I need my 'real' gear. I'm fed up of making compromises.