FLAC is a loss-less compressor, that is when it compresses, nothing is thrown away, uncompressing the file leaves the exact original. Unlike Mp3, WMA and other similar compression methods, which throw away sound information in the name of higher compression rates. FLAC will only obtain a maximum of 4:1 compression (more like 2:1 for normal use), a 3 minute track will take up about 30MB. FLAC is very similar to Monkeys Audio (Monkeys wins slightly for compression ratio, and speed), except it uses Id3 tags to store tag information.
To download visit Codec Central.
To download visit Codec Central.