Has anyone did a blind test on iTunes AAC vs CD/Lo

Great topic!
I have been burning at AAC 256, 320, and lossless. I have Martin Logans which are pretty revealing. In blind testing I can hear no differences between CD and lossless, possibly minute differences between CD and 320 AAC but it is extremely close. Slight changes start to appear at 256 and below in terms of high end and low end rolloff, loss of room size, and lack of air. I have settled on AAC 320 for my ipod and using the Pure i-20 dock, have replaced my CD player as my source.

The guys over at hydrogenaudio strongly disagree with this and state that in double blind testing with the latest encoders, AAC 128 and higher is 100% transparent.

I've only heard a 128 Mp3 and there is a big difference over CD. I've never tried a 128 AAC

AAC 128 vs. Redbook on my system... Its not even close. Redbook wins by a long shot. I'll pick the 128kbps rip every time in every blind test, I'll bet. I don't see how anyone can say 128kbps is 100% transparent. But like Shadorne says, you have to know what to listen for. I guess not everyone can (or wants to) tune into those lost details at the low and high end, that is where I hear it. I also hear it during lapses in the music where the song is reduced to a single instrument, like a guitar riff or a bass drop, or a sound effect. Low bit-rate rips kill detail in those passages.
Consider that the bit rate of a lossless AIFF runs at 1411kbps, this is 11 times the bit rate of a 128 AAC. Just like in video compression, quality is all about the bit rate. How much data can the codec push. I rip apple lossless.

Realremo, I do not think anyone disagrees about 128 AAC. 256 AAC is the resolution in question.