Hi,
Simple shown this is the difference of 12 vs 16 vs 24:
if put in words then:
-24/96 recording means higher audio resolution-more than 250 times higher than in 16/44.1
-The recording in 24/96 occupies approximately 3.25 times the recording space in 16/44.1
FLAC compress uncompressed Lossless Audio in 1/2 rate.
Main benefit of High Quality Audio is that Higher frequencies are in some cases present and even heard, but taking incount that most fo Common/Mid Range equipment have response range 15-28,000 Hz (Commonly 20-20,000 Hz) Which means that my
Focusrite Solo Soundcard specs and My main headphones
Audio Technica ATH-M70x are capable to produce 5-40,000Hz to my ears and only few orchestral classical tracks recorded in 24/192 actually produce higher frequnces that are aprox. 95% quieter than rest of freq. I can almost hear them as vibrations on a very high volume and isolated using Logarithmic EQ when post processing Audio. Unlike My PC when I had privilege to listen HQ Sample LP on VPI Prime Turntable in 2017 at local Audiophile Store. Then I really felt what is full range Audio in comparison of same recording at 24/96 and 24/192.
Also good reads are at:
https://web.archive.org/web/20200426050 ... young.html
https://www.headphonesty.com/2019/07/sa ... -bit-rate/
In the end it all goes to subjective opinion, as personally I have seen many people fail double blind test when it comes to Audio Quality.
Hope I cleared few things. I personally RIP in Original format of Media and FLAC that preserves lossless audio data.