Do you prefer Ogg Vorbis or FLAC?
Those of us who are concerned about software freedom should prefer completely free formats like Ogg Vorbis (lossy) and FLAC (lossless, compressed). We should particularly avoid file formats that include options for digital rights management (DRM). In theory, one might think that DRM is just a mechanism to prevent the unauthorized use (theft?) of someone's intellectual property. However, certain vendors use DRM to force their customers to use their software, and sometimes hardware. Once again, Wikipedia has a nice detailed article about this whole format business.
Read more about the benefits of lossless audio formats.
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