I was under the impression that a DSD to PCM conversion was just a mathematical formula anyway; that the two formats were basically interchangeable.

And yes, MLP is lossless compression. I believe it gives about a 2:1 compression ratio (far better than anything you'd get with LZW or a similar data-based lossless algorithm) which is just enough to squeeze 96/24/6 into DVD's bits-per-second limit.

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Matthew J. Hill
matt@idsi.net