When I tried to follow Alex's instructions above I find that there is no AC3Filter to select...
This discussion was about local aac files, not online streams.
The DC-Bass Source filter has the splitter and the decoder components in the same filter. No additional filters are needed for playing local aac files. I don't know if DC-Bass Source can be used for decoding internet streams.
AC3Filter has nothing to do with for aac. I used AC3Filter only for postprocessing. It's main function is to decode Dolby Digital (AC3) and DTS audio, but it can be set to postprocess any decoded DirectShow audio. As I said, it's optional.
Radio Paradise provides several stream formats:
http://www.radioparadise.com/content.php?name=ListenI'm now listening to the 192 kbps MP3 stream.
Listening to: 'Don't Ask Me Questions' from 'HTTP Stream' by 'Graham Parker' on Media Center 13