hmmm... ok here goes.. please read carefully as this is the definitive answer for the 24/96 business once and for all
i've been taking music production classes for a while to setup a home-recording studio and this is what i've learnt from books and experience (and also from being as a musician and someone with common sense)
the human ear can hear the range from 20hz to 20khz (
http://en.wikipedia.org/wiki/Hearing_range#Humans) which covers a fairly good range of sounds.. now some people have a affinity to certain ranges of sounds.. for example, a bass guitarist usually picks up a bass guitar as he has an affinity to the lower register for some reason and the violinist picks up a violin as he has an affinity to the higher register.. its pure nature...
this affinity of ours helps us develop our ear towards a certain range of sounds.. for example a viloinst will sense slight differences in sound of higher registers while will find it hard to sense differences in the lower register since his ear may not be well developed for the lower registers and the vice-versa applies for the bass guitarist...
Now comes the case for file-formats.. without getting technical.. a CD gives 16bit / 44.1khz recordings which coer the entire range of the human ear and is enough for the human ear of majority of the human population...
the next recording setting is 24 /96 and then 32/128 and i think 32/192...
now here's the truth.. there is a slight difference between the lossless and lossy formats when they're ripped from cds
i'd like to recall the examples of the violist and the bass guitarist and i would like to add the normal person who has no affinity to any registers....
the normal person will not hear any difference between the 320kbps and the CD flac as his ear is not developed.. period.. that's it.. no discussions.. over
the problem arises when we take musician into the picture.. what happens is with the mp3 is that during the compression some of the content is thrown out and it is usually trimmed at the extremes of the human ear range hence normal folks won't sense it.. now a violinist will immediately sense it if and only if there are parts of the music piece that contain high overtones and the bass guitarist if the track contains low overtones as their ear is developed to here that...
this will not happen with a cd 16/44.1 as there is no loss and hence is perfect quality
now getting to the topic of the thread
24/96 is the stupidest thing to hit mankind
the ear just doesn't have the capability to hear this.. not the human ear.. the max a human ear can handle is 16/48.. anything above that is overkill...
this is just a gimmick for music production companies to make producers update their ridiculously expensive equipment time and time again
i have recorded my instrument at various settings and found that i too find it hard to sense the diff between a 320k mp3 and 16/44.1 CD flac.. although for recording purposes its best to use a higher range as someone else with a developed ear may be able to hear the difference so most of the home producers like me use 16/48 to be on the safe side
after this explanation i'd like to conclude by saying that 24/96 is CRAP!!
after posting this i forgot to mention the amazing vinyl debate.. the vinyl simply accentuates the mid range registers so people think its better.. its not.. its the same.. its just that when u play a vinyl.. that material or something in the whole system ( i can't seem to recall what exactly) of the vinyl sound processing accentuates the mid range which makes them think their hearing something new... which is not the truth..
its simply cos the CD doesn't accentuate any frequencies.. its all there you just don't hear it.. and with the vinyl with the mid range being accentuated you start hearing things... that's it