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mp4 (part 14) is (unlike the mp3 format) a kind of multi-container easily described. It can contain both video and audio (and possibly some other mediaformats too, haven't gone into depth on this matter since it really doesn't have any relevance to the initial post) and if I'm not totally incorrect it supports DRM to a certain extent.
Source: http://en.wikipedia.org/wiki/Mp4
the mp4 soundformat in detail, mp4 (part 3), seems to be able to use some different formats for it's encoding.
MPEG-1 Layers I, II, III (MP3), MPEG-2/4 (HE)-AAC, Vorbis (with privat objectTypeIndication), Apple Lossless
Source: http://en.wikipedia.org/wiki/Mp4
So the chances that the mp4 you bought already is an mp3 (well, more or less anyway ) is probably quite high. If you convert it to an mp3 with 320kbps quality you shouldn't have any problems with the quality.
A thing that could cause a quality problem tho could be your soundcard when you record it like you do. I'm not 100% shure about it though so you might want to check it out further if you wanna know more about it. 
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| quote: | Originally posted by davedresden
i suggest getting the gabriel & dresden prog-a-minute. in 3 easy steps you too could change the face of dance music.
batteries not included.
- dave |
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