I tried it last week and got an average compression of 1/3 on 2 cds I tried. Enough for me. Even if it only allowed 1/2 compression, you would double your storage space without losing any quality. Plus, flac supposedly (never tried) allows real gapless playback.
Suppose you have a 120Gb system (already possible at present), that lets you fit, say, 3500 wave songs (around 35mb per song, suppose), with flac you could fit at least 7000, if not 10500. Not bad at all considering its lossless. Again, enough for most of us, I belive...
Empeg team, no feedback on this? Please!