The best replacement for 128 kbps is 192.

The best alternatives to 128 kbps are rated as following:
★★★★★  192
★★★★  160 kbps
★★★★  256 kbps
★★★★  320
★★★  192 kbps
★★★  256
★  320 kbps
★  320 vbr
  320kbps
  64 kbps
  itunes plus

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128 kbps
192
160 kbps