Just drag your mp3 file to Max and have Max save it as at 64 kbps or maye 48 kbps. I changed a 6.3 meg 192 kbps file to a 1.4 meg 48 kbps file. Depends on just how good a sound your looking for. If your looking for small audio files you might try a Ogg Vorbis conversion. They are usually quite a bit smaller than mp3. A 64 Ogg file compairs quite well with a 128 mp3 as far as sound goes.
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