bristle-krs
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yes - in itunes, go to:
preferences > advanced > [import using] mp3 encoder
then highlight the mp4 in your library/playlist in itunes, and then go:
advanced > convert selection to mp3
you can convert backwards to (ie if you change the [import using] bit in preferences to summat else, you can highlight an mp3 and convert to mp4/m4a/aac or whatnot)
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