Is anyone else sorta bugged by Neil Young's Pono?

It's weird... there are some albums where I definitely can tell a difference between the CD and a high-quality mp3 rip at 320kbps. There are other albums where I cannot tell the difference.

I heard my mp3 rip of Godspeed You! Black Emperor's F#A# back in January. Sounded fucking terrible compared to the CD.
 
It's weird... there are some albums where I definitely can tell a difference between the CD and a high-quality mp3 rip at 320kbps. There are other albums where I cannot tell the difference.

I heard my mp3 rip of Godspeed You! Black Emperor's F#A# back in January. Sounded fucking terrible compared to the CD.

This is definitely the case. I also think the merits of "ultra high res" come into question when you consider that I know literally zero people recording at higher than 48 on a regular basis.
 
fucking lolmao!!

This video has to be the greatest trolling of the last years.

Emmylou Harris: "The clarity and the warmth and the vitality of it you can really tell the difference"
Sarah McLachlan: "Like the sound and the feeling and the energy of it was so...richer and fuller. And warmer and fatter. And yummier" <---I actually got horny at this part.

In any case they're indeed perceiving a difference, Neil probably gave them 128kbps and called it mp3 and then used a flac for comparison, or somebody ran an instance of VCC on the original.
How is it even possible that a recording can sound much better than a good mp3, which can sound pretty much the same as you playing a project?
Given that many artists and peeps in the biz claim Beats headphones are the best, I'm not taking this seriously.

Who the hell came up with the name Pono?