Advantages of Live365/streamtheworld over PLS files?

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Hello. I'm quite the radio listener. I often play music while I'm doing just about anything. I often come across stations that use Live365/streamtheworld and I think "Why don't they just use a PLS file?". Is there any good reason for this? And also, is there any way I can get the streams out of these web players and into iTunes? It's a pain. Thanks.
 

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