On the subject of conversion rates, here is a quote from the aforementioned Head-Fi thread (
http://www.head-fi.org/forums/f46/be...r#post2971892):
[I]"I would like to expound on why 192 kHz conversion is not a good idea.
The filters in a D-A chip ideally pass all audio below the Nyquist frequency and block (filter) all audio above the Nyquist frequency. In reality, however, there will be some audio below the Nyquist that is being filtered some, and there will be some audio above the Nyquist which is not filtered enough. The latter is very dangerous because those frequencies will be aliased and cause distortion.