All are correct (even Khrys). The better question I think is what is a redbook CD, rather than what is a redbook CD player.
As has been aptly pointed out, redbook is 99% of the regular, junky lowgrade CD's available today. In contrast, the higher resolution formats mentioned (SACD/HDCD/DVDA/24,96 etc) are all NONredbook formats that only some higher up players can handle. At least one of these formats (maybe all) are other-color'book' format CD's. Like orangebook for example.
The question I want to see answered: Is HDCD and 24/96 the same? I think one or the other of these (or both) is the orangebook standard, but as is obvious I'm not sure.
Thanks,
Chris