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Need Software advice...

Hey Gals and Guys,

I've got a ton of WMA files that I want to convert into MP3 files because I'd like to listen to my files on my ipod. What is a good WMA to MP3 converter that I can download on the internet? I don't want to just start downloading random converters to see which is best.

Anyone know any good converters? Preferably cheap, however, I understand that I get what I pay for.
 
Is there any type of loss every time you convert and is there a point where it becomes noticeable?
 
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