True that. But even the very best high end 16-bit players of the 90s and into the early 2000s only reached 11 or 12 effective bits resolution. You had to spend nearly five figures on a digital front end to get much above that. Most decent 24-bit equipment can reach 20-bit resolution with a test stream.. So even a substandard 24-bit implementation with an effective resolution at 18-bits is going to sound considerably better up to the analog stage . . . PROVIDED the source stream is of similar quality.
And that was my earlier point. Many "24-bit" recordings are simply not that great sounding, because the source tapes or other masters were badly consoled over to 24-bits. When I have high resolution dreck, sometimes slightly lower resolution dreck is a little more palatable.
. . . and a crummy analog output stage can make it all fall apart at the end anyway.