Given that there won't be any real difference between a 16 bit recording and a 24 bit recording by the mastering has been done on it, there's no reason why you couldn't use mp3 or aac to compress the files. The same old mp3/aac artifacts will be there, but starting from 16 or 24 bit shouldn't matter.
we went to one of those cheeseball japanese steakhouses for dinner...it's "birthday week", and we're at a hockey tournament, so decided to have a little fun.
It was decent and fun