I'm not sure what you mean by 128 CD Quality? 128 makes a lot of compromises. Possibly joint stereo or even mono. Possibly top or bottom frequency levels capped. Keep in mind that the original has been reduced in size to about 1/10th of the original size by throwing out information. Or are you saying that's the minimum quality worthy of burning to a cd? For that point I would agree.

There's certainly not enough people who are encoding at the higher bit rates. Personally I encode at 192 & perhaps 20-25% of time at 320 kbps. Reference: Album/song sizes & also 320 Please!!!