Digital complicates things a lot in that there are unlimited ways any particular digital audio files may have been processed at various points in ways that have major effects on sound quality. The differences will no doubt be subtler
played on lesser equipment but more significant as the playback system gets better.
For example, there is much less difference between my best digital files and my worst(all lossless FLAC, a few converted from lossy compressed mp3 file download) played back on my Sangean WR-1 table radio, my least hifi playback device, though no slouch as table radios go, compared to played back at home via my main rig laying on teh big OHM F5 speakers. I have a half dozen or so other options in place for playing back those files concurrently. The others all fall in the middle somewhere in regards to overall sound quality.
played on lesser equipment but more significant as the playback system gets better.
For example, there is much less difference between my best digital files and my worst(all lossless FLAC, a few converted from lossy compressed mp3 file download) played back on my Sangean WR-1 table radio, my least hifi playback device, though no slouch as table radios go, compared to played back at home via my main rig laying on teh big OHM F5 speakers. I have a half dozen or so other options in place for playing back those files concurrently. The others all fall in the middle somewhere in regards to overall sound quality.