@devinplombier yes and no. When comparing a 16-bit/44.1kHz WAV/FLAC download from Qobuz to a physical CD from the exact same master, they will sound identical.
However, the real difference happens if you purchase the 24-bit studio master (e.g., 24-bit/96kHz or 192kHz) from Qobuz instead of the 16-bit version. In that scenario, the Qobuz file contains significantly more dynamic range and resolution than the CD format is physically capable of holding. So in this case a carefully curated library of local 24-bit studio master files outperforms the 16-bit CD version

