Hmm, I took a slightly different approach to D.Tuna (whose post appeared while I was preparing this...):
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Quote:


No.
This is why there are compression schemes designed for the task, such as Monkey's Audio, Ogg Vorbis, etc.





With respect, WinZIP and WinRAR are lossless - hence you don't get great compression with wav files, which is where Monkey's Audio et al come in...

As an experiment and a comparison, I created a short .wav file, WinZIP'd and WinRAR'd it and then expanded it again:
Original .wav file - 5,511,212 bytes
WinZIP file - 4,479,742 bytes
WinRAR file - 3,129,249 bytes
Resultant .wav file (in both cases) - 5,511,212 bytes

A binary level File Compare showed no differences between the original and resultant (from both archive types) .wav files.


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