Analogous program to LAME for AAC(MP4)?

chemistry_geek

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Does anyone know if there is an analogous program to LAME for AAC(MP4)? I currently use LAME with the 'alt-preset-insane' setting for importing MP3 into iTunes for the best possible sound quality. I can hear the difference between an iTunes 320 kbs MP3 and a LAME 320 kbs MP3. I would like to try importing AAC format but only if I can get better sound quality than LAME MP3.

LAME with iTunes plug-in can be found hear:
http://www.versiontracker.com/dyn/moreinfo/macosx/13048
http://www.blacktree.com/apps/iTunes-LAME/index.php
 
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