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what bit rate are you wanting. You can do 128, 192, 320 (which I use) and maybe 256..
 
You want something that create amazingly clean and crisp rip...BUT you also want a tiny file size so you can fit more on your nano?

I don't think you can have it both ways. There has to be a tradeoff...

Play around with the various bitrates and find one to your liking. The above poster is exactly right that there are many available under options in the various encoding filetypes in

Preferences>General>Import Settings>AAC Encoder (as an example) >Setting>Custom
 
Lack of Bitrate options.

Rips arent as clear as they could be (They can be better, even for compressed)

iTunes is good as a player, it is just lacking in the ripping/conversion department.

Am I missing something here? If you hit "custom" you can set the bitrate to whatever you want it to be...
 
In fact, iTunes, even with only 20 or so bitrates available from the Custom list, you can get even more by using VBR. I have seen rates like 173 and 210 using VBR. Granted, they have not always been easy to share because I have heard people on other types of computers complain that VBR mp3s sound glitchy, but even using a 75 Mhz PPC 601, they sounded smooth to me.
 
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