At $800 list it is not bad considering all it does:
"The component decodes the MP3, FLAC, WMA, WAV and AAC compressed-music formats."
Even at $800 I expect a modern digital media player to play all of the lossless formats at 24/96 resolutions or higher.
It doesn't play AIFF or Apple Lossless.
For the filetypes it can play, the specifications list the following bitrates:
WAV up to 1.536 mbit/s
FLAC up to 1.5 mbit/s
AAC up to 320 kbit/s
MP3 up to 320 kbit/s
WMA up to 320 kbit/s
24/96 WAV is 4.608 mbit/s (16/44.1 WAV is 1.411 mbit/s)
24/96 FLAC is ~ 2.701 mbit/s to 2.816 mbit/s depending on compression level
Steve