Considering the first post;
Took me a while but I got it right. I'm surprised there is that small of an audible difference. I think a huge factor here is the fact that this music is a real live recording. I am used to listening to a lot of synthetic stuff, or extreme walls of sound (ambient, or artists that include it all the time like Devin Townsend). Seems like it is much easier to encode real things as this is how MP3 is designed (all psychoacoustics afaik) and synthetic sounds will be prone to all kinds of artifacts when run through those functions.
I could not tell, by listening to one, and then the other, fully, over and over. But I did not try enough. All of the information got through, the notes, the timing, the stage. What let me do it, is ABXing in foobar, and picking tiny .5 to 1 second intervals, and using the keyboard with eyes closed to repeat the sound back and forth between three letters. For example, A, B, then C, and seeing if A was the same as C or B was the same as C, ignoring D. Some passages let me do it 5/5 tries. It was clear, some echos, tones, certain things I can't name or recall were present or not muddy. It was mostly when all of the instruments were sounding at the same time. Others I couldn't tell apart at all.
For sure, there is benefit between even 320/V0 and lossless, audible or not. Certain albums will have too much information that you are not supposed to hear. The information makes it into the ear like a digital signal of electrical impulses and may influence the brain directly, bypassing conscious analysis or hearing. It wouldn't raise thoughts by association but by programming. I bet if during a certain emotional state one were to play a unique piece of noise, and replay it another time to the same listeners, at least some may enter that emotional state again. If the noise was encoded however, it wouldn't be the same "digital" data (pattern of zero crossings on the eardrum maybe) and wouldn't do it. As much information as possible always makes the difference even if it isn't conscious, and that's why vinyl is loved for the way it makes you feeeel, not how it sounds. Good vibrations