Audio Propaganda

I only use 100% genuine LAME encoded mp3s. There is no competition if you want to encode the best mp3s possible.

I use Ogg Vorbis for my own music collection and would use it 'in the wild' if more people knew about it.

For archiving I use the FLAC lossless audio codec.
My DAW of choice is Steinberg's Cubase 4 (with a soft spot for Ableton Live and the live capabilities of Apple's Logic).