most md recordings I see around (including my older sony) looks like ATRAC3 Type R
as seen here:
http://www.thetradersden.org/forums/...ead.php?t=8003
this one is believeably atrac3 (lp2) or perhpas earlier similar codec with an analog transfer using the Sony MZR700PC itself for playback. the "pc" at the end was an option that seemed to allow direct digital transfers but still uses the analog line in for transfers, thus the noise at the top (see the same link above).
if it was transcoded to mp3 or similar there would be pitch black at the top, so imo this is a tradeable md recording as advertised.
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