Karlman, I wasn't really looking for that, exactly, but the following comes from the MediaMonkey site:
Auto-conversion allows you to automatically synchronize tracks no matter what format they're in, converting tracks on-the-fly to a format that is supported by your iPod or other portable device, while retaining all metadata.
In addition, Auto-conversion can also convert tracks to lower bitrates to make more effective use of the limited storage capacity on a portable device. This is especially useful for users who store music in lossless formats such as FLAC.
