AIFF vs Apple Lossless Ripping


I have a large music collection that I have ripped using Apple Lossless and error correction turned on. I have recently seen several postings saying that AIFF (with error correction turned on)is the way to go. Would anyone care to address the superiority of AIFF vs Lossless, and if possible, explain why one would potentially be better than the other? And, if AIFF results in a larger file, approximately how much larger (percentage). I'm trying to decide if it's worthwhile to re-rip a 1400 cd collection.
rabco

As an update, can any iTunes users comment on the latest version of iTunes and best options for audiophiles, please?

I like the convenience of the iTunes store and the selection seems to be getting even better with the Beatles, etc.

However, I do not like the fidelity of my iPod, nor do I want to pay for files that have digital rights encoding, or use any proprietary Apple formats which tie me to Apple.

For ripping one's own CDs, it seems easy to simply set preferences to WAV?

But what about buying/downloading from the iTunes store?

How do I get lossless downloads from the store that can be played on any windows machine or my new HiFiMan 601 DAP?

Thank you
iTunes downloads are mp3 (120kbps?). If buying a whole album, buy the CD. If you only want a song or two, then the iTunes may make sense.

To get around iTunes digital rights, download the song, burn it to a CD, then rip said CD.
Kbarkamian,

Thank you - so everything downloaded from the iTunes store is MP3?

Re "buy the CD" do you mean the actual, physical CD - as in buy it somewhere else?
Im new to ripping I just bought a Ayre qb-9 and alas I can hear a pronouncd difference between AIFF Apple Lossless. Time to invest in a larger hard drive
Hi British, can you provide more details on your setup? I'm 'getting into' computer audio as well and want to start off on the right foot in regards to which format to rip to. I'll be using an Acer Revo 'net top' to feed a calyx 192 dac. i'm also looking into jriver media player instead of using itunes in windows. I know this topic is beaten to death and I am utilizing the search features of this and other forums, but am always receptive to any direct recommendations.