Do a test with CD-quality FLAC and converted V0 LAME MP3 and I guarantee you you won't hear a difference.
To the original poster, I do think the LPs look pretty good. They have a unique appearance that sets it apart from other headphones. If you don't mind the price difference, I think you'll really like their M-100 headphone which is a definite step-up in audio quality. Personally I didn't like the sound of the LP, but for $100 I think it's a pretty good buy for that sound signature.
I hear an immediate sound quality difference using Sennheiser HD800s. It's not even difficult. Even my non-audiophile friends tell the difference. The way the HD800 separates every part of the music makes it too easy to spot differences. I don't hear an immediate difference using Stax 007s, Audio Technica ESW10JPN, or W3000ANV, though it doesn't mean they sound worse. It's just the HD800s are my reference headphones. But I digress.
OP, if you're concerned about style, there are plenty of "stylish" headphones out there. The Crossfades are especially gaudy, but yes, they look better outside than studio monitors. As far as I can tell, only a few people in this thread actually recommended studio monitors. Compared to the sleeker recommendations, like an Audio Technica Earsuit ES88, the Crossfades come off like a rainbow Alienware laptop vs. a MacBook Pro, but then you give the Alienware an Atom processor.
Edited by wind016 - 7/18/13 at 8:39pm