But we're just singing to ourselves
My last post didn't come across as smarty-pants as I intended. I completely agree that quality is #1. I have more components than features.
It is somewhat ironic that while technology in materials, manufacturing, and circuitry are revolutionizing playback at an unprecedented rate, the source material is steadfast. Hi-rez isn't taking off, despite attempts by equipment manufacturers and meager music industry efforts. I doubt we'll ever be able to get all we want in high-resolution.
However, I don't see CD's disappearing, at least until full hard-drive systems take over. The XRCD series from JVC is reported to be quite excellent, and is red book compatible. The cost is high though. HDCD is a great idea, and was flourishing until Microsopht bought it and let it go in the tank. Mark Knopfler still records in HDCD, and his stuff is the best recorded music I own. Aside - his last disc "Shangri-La" is my pick for album of the year.
It IS surprising the recording engineers and/or the companies they work for don't do a better job. Maybe MTV is more emblematic than MP3.
There are more places to go, even within the redbook standard. Technology could continue to push the science and art, if only the population cared what their music sounded like. The brutal truth is that they don't and won't. We have to make our own way and hope there are enough of us to keep good, no, great sound possible to the few of us still yelling in the wind.