Hmmm... wasn't expecting that. In this case that's probably for the best.
The audio in question is from my radio show. It gets recorded off the internet stream at 128k. I sometimes go back and do a little editing and save the file again. Basically, I record it that low so people don't rip tracks from there.
Thanks guys!
PS- So if I've understood you correctly, if I save the audio at a higher bitrate the second time around it shouldn't get compressed much more than it already is. True?