Goodness, I leave for a few days and come back, and you are on page 15??? I thought we already had this debate?
In the mid-90s I recorded a concert with a DAT player (at 48/24). The sound was stupendously good. We then burned a few CDs, which required converting it to 44.1/16. Much of the magic was gone. Maybe this was from the dithering we used, but as someone said above, since most recording studios use 96/24, you will get the best sound by listening to that. It's common sense.
When CDs came out, we were told that it was so much better than anything else available that it would make everything else obsolete. There were theorems to prove it and everything. It turned out not to be true (well, ok, not 100% true).
I know plenty of people who stuck to vinyl and couldn't stand CDs, who now happily listen to HD recordings and extol their virtues. All of them are classical music fans. I seriously doubt that you can tell much difference on a recording of a rock concert, but on certain recordings, there is an audible difference. Too many people without an ax to grind have written about it.
Do you think that SACD was developed purely as a marketing ploy? It was a pretty unsuccessful one, wasn't it? I think it was developed due to the widely-recognised limitations of the Redbook format. You think a successful speaker designer like Troels Gravesen is hearing an improvement from HD audio because he is hallucinating?
The doctor from Kansas who said that ulcers could be caused by bacterial infections in the stomach lining had his career destroyed because the science said it wasn't possible. But he observed that people were getting better with antibiotics. Eventually - after he was dead - the science caught up and realised he had been right. There are always those smug people who want to bludgeon people with their mastery of science. As if it is a mastery of truth itself. But science evolves; truth stays the same.
Someone here a few years ago was railing about the idea that different capacitors could sound different in a speaker - after all, a microfarad is a microfarad, right? It won't burn in or sound different. This despite overwhelming observational evidence that there was a difference. Then the concept of microphony in a capacitor became better understood and, wait a minute, there is 'science' behind it after all!
The most important aspects of the scientific method are open-mindedness and observation. Some people listen and hear a difference - hundreds of thousands of people, actually. Others say that it isn't possible and quote equations and theorems to prove it. You'll have to decide who most resembles Galileo, and who most resembles the Pope.