They already raised many of the music channel bitrates a couple years ago while commissioning their new satellites.
Your opinion is outdated.
EDIT: Looks like they launched SXM-8 as a replacement.
With that said to me the quality still sounds awful to me with mostly highs being extremely shrill. To me a indication of low bitrates still being used and SRB trying to make up for it. When i get a chance maybe I'll revisit it but last i looked it was still the same crap.
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