James - I never acknowledged any loss in quality due to the CD format
I don't know where you got that quote from, but it wasn't me.
Sure, I know that in the digital domain you can do better than 44.1kHz/16bits but I'm already more than happy with the sound I get from CD. I haven't heard any other format, whether SACD, DVD-A or vinyl that is so much better that it would want to make me add it to my system.
Michael.