Lyrics3 Tag is contained between audio data and the id3v1 tag, which must be there. As you know, fields in id3v1 cannot exceed 30 symbols and therefore cannot be used for storing lyrics. Lyrics3 was created to eliminate this shortcoming. Fields of Lyrics3 aren’t in fact limited so it is possible to save lyrics in MP3-file.
The MP3 tag editor is capable of saving and editing Lyrics3.
Not every program can see Lyrics3 tag. To view lyrics and long fields in WinAmp, you need to install an additional plug-in. It can be downloaded from the following site: http://www.hiker.org.il/lyrics.shtml