Using Audacity to equalize mp3 on CD

On this forum only two people that I know of have correctly identified high bitrate MP3 from lossless in a blind test. One of them was able to tell the bitrate!

I've been able to teach people to hear the difference in an A/B test, but hearing just one track alone? No. And I've known people to prefer the compressed file. There have been times when I seen a group of audiophiles happily listening to a system and talking about how great it sounds - Only to learn the source is MP3. Then suddenly it's horrible and they wander off grumbling about MP3. 😀
 
No, not in any structured way. Have you? Could you tell a difference? Many years ago I compared OGG-Vorbis to MP3 and found that for low bit rates OGG was better. But >200Kbs the difference wasn't noticeable.

Sometimes I hear 192K MP3 that sounds OK, sometimes not very good at all. This makes me wonder if the tracks wasn't compressed more than once. Similar to the artifacts in a Jpeg that has been saved over and over again.
 
Regarding the Opus wiki, it says, "several blind listening tests have ranked it higher-quality than any other standard audio format at any given bitrate until transparency is reached, including MP3, AAC, and HE-AAC."

Transparency reached?
 
Not that I know of in Audacity. But I don't think that the MP3 format at 192K is going to change "punch". What bad MP3 tends to have is a lot of phasey sounding artifacts. On very low bitrate, like satellite radio, you can hear it even on voices. With higher bitrates the artifacts can still be heard on cymbals, especially bushed cymbals. That's an easy "tell".
 
Normalizing probably makes it a bit louder. Louder is usually perceived as better. However normalization to 0dBFS can result in intersample overs.
https://benchmarkmedia.com/blogs/application_notes/intersample-overs-in-cd-recordings

Also, EQ can make something sound better in some cases. There is corrective EQ, Happy Face EQ, EQ to taste, 300Hz notch for mud, Rising ramp-shaped filter can sometimes also help with mud. However, EQ for muddy sound is more of a bandaid than a proper fix.