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As far as I know, it's not targeted on high-end users only. It's the replacement for the Audigy series. There will most likely be budget versions of this card.
And another thing. If you have a wav file in 16bit/48kHz, you can't just make it 24bit/96bit. :-P
It can play songs in that high-qual. format, but you say it can "convert trakcs to higher resolution", that's impossible.
An artist can with a good seqencer render tracks to that quality, and listen to them. But, what's the point when most users have 16bit/44kHz?
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