i suppose it's subjective, but in my experience with the compression applied on most club soundsystems, the difference between a 320kbps mp3 and a wave file is nominal at best, if not completely indistinguishable for the most part...
that said, ableton's current wave conversion takes up far too much space on my hard-drive. the primary benefit of the mp3 format (file compression which frees up disk space) is almost entirely negated by ableton's "mp3 support" converting everything to wave. whenever i do a dj set, i have to clear room on my hard-drive - that's why this is such a priority for me, and presumably others as well...
if traktor can feature full mp3 support, i don't see why ableton can't!!

so if it hasn't been implemented in version 6, my fingers are certainly crossed for the next update...
/still can't wait for six!

//full live user: production, remixing & djing.
///ableton *is* the future...
