From Hydrogenaudio Knowledgebase
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Pros
- Free (as in speech), Open Source and claimed to be patent free
- Good all-round performance (>48 kbps - a leading codec at 128 kbps)
- Well written specs
- Several portable hardware players
- Suitable for internet-streaming (via Icecast and other methods)
- Fully gapless playback
- High potential for further tuning
- Structured to allow the design for a hybrid filterbank.