Why OGG to FLAC does not create lossless audio
The two codecs
Ogg Vorbis is a lossy format from the Xiph.Org Foundation. FLAC, from the same family, is lossless. They share a heritage and a tagging system, which is why people expect a move between them to be an upgrade.
What you really get
A FLAC made from an OGG holds the already-compressed sound perfectly, with no more loss. It is not a hi-fi version of the song. The packaging changes, the audio does not.
When it is useful
A player that only reads FLAC, a library tool that rejects OGG, or an editing workflow where you want to avoid a second lossy encode are all valid reasons to convert.
Space cost
The FLAC will be several times the size of the OGG. A 128 kbps OGG is about 1 MB a minute, while the FLAC is often 5 to 6 MB a minute.
Keep your claims honest
Anyone who shares the file should not call it lossless or high-resolution. Collectors check spectrograms, and files built from lossy sources stand out immediately.
Have the original CD or purchase? Make FLAC from that, then create OGG copies for games or portable use.