
Reader Nyte writes:
Haven't read this anywhere else yet, but if you drag protected m4p (AAC) files from iTunes right to a Toast Titanium "Audio CD" window, they convert to AIF format without a hitch (as long as the machine is authorized). From there you can save the AIF files to wherever, or burn a CD. It looks like Toast makes the Quicktime call to convert the m4p to AIF without restriction, whereas iTunes 4 or QuickTime Player have built-in prevention against this.
I'd hate to see this facilitate "swapping", but it could be useful to create mp3's for an mp3-only playback device (with some quality loss of course) without having to burn a CD first. Also, it could be used to burn Music Store CDs for people with CD burners unsupported by iTunes 4.
Update: An anonymous reader notes that Amadeus II will also convert protected ACC to MP3.