Well certainly, if Apple went ahead and offered it at the same price, I don't see how anyone could complain. I just struggle to see Apple's incentive. Perhaps if they thought it would spark consumer interest in audio?
I was mainly thinking in terms of the negotiations that would have to be settled. There are a few storefronts who unfortunately, I imagine, have set a precedent in charging a higher pice for lossless music. I think an obvious incentive here for the music industry would be increased profits, and a two-tier pricing structure, akin to SD/HD video on the iTunes Store.
Apple do of course push for higher quality, and even when the consumer isn't entirely aware of the details, they do notice that quality - that's true. I think it would be difficult to get people to notice the benefits of lossless music, if indeed there are any to be had. Seeing a Retina display for the first time is amazing. Experiencing the build quality of practically any Apple product doesn't cease to be amazing. Hearing lossless audio will often underwhelm. Unless, of course, Apple are about to release a decent Beats product, to be unveiled at a keynote, which people can buy into.
I agree entirely with you that archiving music has never been more important given the current situation. I suppose I just think that convenience will always be king with your average consumer, and that the tide has already turned.