This works for me because I can't really hear any difference between 16/44.1 and any higher resolution. Jitter may be a problem for some, depending on your DAC (you can always try out a re-clocker).
I know my opinion is controversial. I have taken super hi-res files downloaded from HD Tracks and listened to them direct with headphones, and then listened to the same source through the AEX (which downsamples to 16/44.1) and my accuracy at identifying the source (blind testing) is 50%. If there is a difference, I cannot discern it with any of my equipment.