transcoding from AAC to MP3 is broken

unable to transcode flv/aac streams to mp3.

OS: Arch Linux VLC version: 1.1.4.1

VLC is unable (anymore) to process command like cvlc http://208.80.52.46/CFJRFMAAC --sout="#transcode{acodec=mp3,ab=32}:standard{access=file,mux=dummy,dst=/tmp/test.mp3}"

Part of the error output looks like this: [flv @ 0x995e740] max_analyze_duration reached [flv @ 0x995e740] Estimating duration from bitrate, this may be inaccurate [0x9841d2c] main stream out error: Failed to create audio filter [0x9841d2c] stream_out_transcode stream out error: Failed to find conversion filter for resampling [0x9841d2c] stream_out_transcode stream out error: cannot create audio chain [0x9844894] main decoder error: cannot create packetizer output (mp4a)

I have posted the bug originally in Arch bugtracker and their developers believe that this error occurs due to the removal of faad support from ffmpeg https://bugs.archlinux.org/task/21277?events[0]=1&fromdate=&todate=&event_number=20&project=1&submit=

I have attached a debug log file if you need it. Thank you.