What's really infuriating to me is that, at one point, Apple took a reasonable stand with their music streaming and said "256kbps AAC is CD quality" (it is). And now they've turned around and starting pushing this snake-oil, DRM'd "Hi-Res Lossless" nonsense.
The only reason to have "Hi-Res Lossless" is if you're going to do something besides listening with it... and you can't with Apple's streaming.