That's debateable. 16 bit 44.1 kHz audio is already very high resolution. Frequency Response? What's the point of instating a new format that can reach 40kHz when very few people can hear past 18kHz?
S/N ratio? 96db is nearly as good as the best analog amplifiers, EQs, DVD players, CD players, etc which mostly fall short of 100db. Receivers and more budget minded equipment are lucky to reach 90.
Dynamic Range? Until recording engineers and producers stop insisting on compressing the snot out of recordings, there's little point in trying to make the hardware more capable. Besides, CD audio is already quite capable in that area.
I'm hard pressed to hear any difference in SACD and Redbook CDs.