man I need to finally learn what a Fourier transform is
replies(7):
I have been told that reversing the process — creating a time-based waveform — will not resemble (visually) the original due to this phase loss in the round-tripping. But then our brain never paid phase any mind so it will sound the same to our ears. (Yay, MP3!)
Also, pedantic nit: phase would be the imaginary exponent of the spectrum rather than the imaginary part directly, i.e, you take the logarithm of the complex amplitude to get log-magnitude (real) plus phase (imag)