Thanks for the diverse and interesting answers so far. I'm thinking specifically of a given FM station over-the-air vs. the streaming broadcast available on their website. I do hear the "air" present in the over-the-air broadcast but appreciate having less noise ("static?") in the streaming version. I was wondering if anyone else has tried this direct comparison.
FM broadcast vs. streaming
What are advantages/disadvantages of FM over-the-air with a good receiver vs. the same content picked up via streaming audio? I know FM broadcast cuts off at 15kHZ and I figure streaming has compression. What's the bottom line on the sound of the one vs. the other?