Sorry but that is just simply not true.
I can personally hear the difference between VBR -V2 and the original WAV/ CD quality through my Sennheiser HD-555's and my Chaintech AV-710 soundcard.
The latter goes for about 25€ but it is supposed to be quite a bang for the buck.
And yes I really did an ABX test.
I have to admit that the difference is sooo small that I can only tell from my headphones and not from my computer speakers. To me, the difference is like 3% or so. With a better soundcard the difference might be bigger.
Btw, I'm talking about music like Norah Jones etc. which has been recorded and mastered properly... not like most electronic music.
I know that my ears aren't trained and my setup is far from high-end. It might seem bs but there are actually people out there who can tell the difference between different cables.
In a club environment, even if you might be able to notice a difference, who cares? The speaker setup etc. and correctly applying the EQ is way more important. Like Ean says, lame mp3's encoded with a V2 setting or higher, or simply CBR 320 should be just fine.
I would say check the following link and test it yourself.
http://wiki.hydrogenaudio.org/index....2C_small_sizes
Personally I like to keep things as pure as possible. Storage is pretty cheap and as a Digital DJ I suggest using a lossless compression method such as FLAC when you can. Yes it uses more space on your hard drive, but you only need to rip things once and you never have to worry about having the best quality ever again. Moreover, Traktor supports FLAC!
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