What is the point of ripping music in applelossless

I am a new Mac user and an iTunes user. I am trying to use iTunes as a juke box to distribute music to stereo. initial thought was to re-rip all cd's in apple lossless. But when I play back the ones I have re-ripped in lossless, I notice they only play at 256kbs. So my question: why bother ripping in applelossless? Thanks

Stereo CD (44.1kHz/16-bit) are 1441 kb/s
Apple Lossless will give you a reduction in bit-rate but not in quality. Typically you could maybe expect to reduce the size of your files by 30%. I wouldn't really consider using it for a few reasons. If you want to share your files you would be just as well leaving it in 16-bit/44.1kHz. If you want to listen on a portable music player you will almost certainly be unable to notice much difference between an Apple Lossless file and Variable Bit Rate MP3.
I'm not sure what Apple meant by the 256 kb/s limit. If you turn on the bitrate column in iTunes you can see the average bitrates of all your tracks and I have AIFFs, WAVs, Apple Lossless and MP3s which are over 256kb/s in my library.
Message was edited by: John Sutherland

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