What is better stream quality for internet radio?

What is better stream quality for internet radio? Streaming technology is used to distribute Internet radio, typically using a lossy audio codec. Streaming audio formats include MP3, Ogg Vorbis, Windows Media Audio, RealAudio, and HE-AAC (or aacPlus).[5] Audio data is continuously transmitted serially (streamed) over the local network or internet in TCP or UDP packets, then reassembled at the receiver and played a second or two later. The delay is called lag, and is introduced at several stages of digital audio broadcasting. Share your experience.