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Agreed most people won't have 24/96 quality audio, in fact very few sources will be able to provide it BUT you'll lose quality in any system, so a 16/44.1 source feeding a 24/96 mixer will lose less signal quality as it propagates through the system than 16/44.1 feeding 16/44.1, especially if you're using the analogue outs from the CD player.
Whoever said "Why do you need 24/96 for vinyl? Vinyl is analogue" obviously is still under the misconception that an analogue recording is by definition worse than a digital recording (taking this from your wording)... I'm not saying it's better, just that it has the potential to be infinitely better or indeed infinitely worse.
Personally I'd say PARTICULARLY with vinyl a higher sample rate/bit depth would help increase quality.
Tbh, my general belief about this is that maybe this mixer isn't "necessary" right now... but with digital storage space and processor speeds becoming less and less of an issue (as they become cheaper and cheaper and smaller and smaller) isn't it just going to be beneficial all round if higher quality standards are introduced with time, seeing that technology now allows it much more feasibly than ever before?
Kinda the natural progression to always continue trying to improve what you do...
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Stu Cox | 

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