Once in a great while I come across artists and uploaders who still distribute tracks as .wav .. This is great if you wanna do some editing and what-not, but I'd rather turn a 70MB into 9MB for the sake of space. Here's a quick one-liner as an example
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This results in original-file.mp3 , a high-quality 320 kbps VBR MP3.
Wasn't that much easier than opening some GUI-intensive bloatware in Windows?.. Just one of the many reasons why *Nix is awesome.