Thanks Wayne. I'll check that out a little later. Last night I found that using Max to go to FLAC made FLAC files with no compression. At first I thought WavPack was super effective but after decoding the FLAC to WAV I realized the 2gb FLAC were still 2gb as WAV. Weird.
ETA: I haven't tried the WV files yet but I decoded a few FLAC to LAME mp3 and was pleasantly surprised to see it transfered metadata. That is awesome.