For the person who asked, the song is "Lightning Crashes" by Live (on the "Throwing Copper album)
When I first downloaded the clip I heard the weird background "flange" sound in the background and thought it was an encoding artifact (like in 128kbps mp3s). But then I pulled out the CD and listented to the CDDA of this track and it exhibited the same flange sound, so that's in the source.
It didn't sound much worse than the CDDA IMHO. It would be good to hear a more complex passage of music (that's usually where lossy compression can't cope).
However, this is on an m-audio revo sound card and logitech ZX560 speakers so it's not like I'm using really high quality stuff.
l2c