I've always just used LMS with the out of the box settings for the most part and never had any issues that I can remember. When I see threads about transcoding it always makes me wonder if I'm missing something? Am I doing something wrong that I've never had any issues? Would I know how to fix a problem if I did have one?

I suspect my success over the years is a combination of LMS being such a great system and that my music collection if a fairly pedestrian collection of mostly .mp3 files.

Is there some kind of test suite, maybe a collection of audio files in different formats or something that you can run through to test your LMS or player setup? Maybe that question doesn't even make sense and illustrates my ignorance on this topic.