Edit: It turns out the license is not a proper open source license. It's a look, but don't touch kind of license. But if adopted on a broader scale, this codec might improve the quality of telephone conversations.
I still think it's crazy. We haven't had serious improvements in sound quality of telephones in the last at least 20 years. Just imagine your phone would run with 64 kbit/s vorbis. You could actually hear clearly what your friend is listening to on TV or radio.
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