iTunes4 and iPods

[Henri]

So the new Itunes Store downloads songs in the "sonically superior" 
AAC format. Then what? Can the iPod play that format? Can CD's be 
burned and listened to in that format? Can the new iTunes easily 
convert a song among AAC, MP3 and AIFF formats?

And now that it's out (I'm on the road with a dialup modem so am 
waiting to download until I get home) is this true about iTunes 4?

At 5:20 AM -0700 4/27/03, iTunesList wrote:
>f I've understood the rumors about this, Apple's new mp4 format
>'registers' your copy of iTunes and then only allows the music you've
>downloaded to play with that copy of iTunes - or on your registered
>iPod?
>
>Does this also mean that, in future, any mp4 (or mp3?) you rip using
>the new iTunes will also only play with that same version of iTunes? 
>The new iTunes must come equipped with some kind of unique inbuilt ID
>(or you create this when you register it with Apple) so thereby
>preventing you sharing your music via P2P?
>
>If this is the case, does Apple (or anyone else) think users will
>happily switch to a 'secured' version of iTunes just for the 'benefit'
>of paying for downloaded music?  I'm not condoning copyright theft, but
>if this is the plan, it seems a bit flawed to me...