Okay, Monkey’s Audio:
27 File(s) 458,098,103 bytes

Ogg Vorbis 256kBps:
27 File(s) 144,111,480 bytes

Defiantely an advantage on file size. I think there’s an advantage on sound, too. The .ape files (Monkey’s Audio lossless) sounded brighter. Hard to tell. Time to get a spectrum analyzer…