Darious
What do you mean by "High Fidelity Pure Audio discs"? I assume you are referring to SACD and DVD-A, which essentially can hold the same type of resolution like 24/96, whereas a standard CD can only hold 16/44. Both SACD and DVD-A can accommodate 5.1 surround sound for those that want that type of music listening experience. SACD can also hold the standard redbook layer so a traditional CD player can play them, hybrid SACD's have two layers.
I don't have a SACD capable player, main reason is the lack of a catalog of music that I listen to, same goes for the hi-rez files like 24/96 or 24/192 downloads, most of these catalogs are very heavy to Jazz, Pop and Classical music....the only progressive rock I see is Yes, Pink Floyd and maybe Rush just a couple albums of each, hardly a catalog, plus they are very expensive for a non-physical purchase. I did buy Yes CTTE as 24/96 couple yrs ago and really found nothing too exciting about it. I also bought a Diana Krall at 24/192 and that is pretty special, but reading on many music forums these hi-rez downloads are hit and miss, as somebody still has to make that transfer to their servers and well...things can happen that seem to degrade the quality, assuming it was there in the first place.
The demise of the CD player? I struggle with that as turntables never went away and I don't think CD players will go away either, they are inexpensive to produce and the margin return is pretty high I understand.
There actually is a segment of very high-end CDP that is enjoying a robust business right now, people with extra cash to spend will always upgrade. An Oppo BRP are some of the most popular players and sell very, very well, since they are able to play any disc configuration and the reproduction is very high end return for your money.
In general I agree that the whole downloading/streaming process should continue to grow, will it bury the physical CD, I don't think so, CDs are so cheap to make and press and distribute and again the high rate of margin return will keep it around well passed your and my lifetime probably.
Good topic.