i fully understand,believe, and know implicitly that quality converters are very important, but the 192 converters are fine, and even excellent when clocked with something like a Big Ben, which i have.
also there are tangible benefits with a TDM system that native-only systems cannot yet replace, regardless of how fast computers currently are.
it's a cakewalk (no pun intended) to proselytize to the uninitiated and make them believe "hey, cool, i already have everything i need to go pro".... everyone wants to believe that the time and money they've invested is going to pay out, but unless you make really good choices the reality will sink in soon enough. you can rail against standards all you want, but they really do make the professional world go 'round much easier, and the first time major label A&R calls you up asks if you have Pro Tools HD and wants you to mix an album, i'd be curious to be there to see how quick you call to book time at a studio with HD, and/or call your banker. there IS a price of admission.
FTR, i don't care what anyone here uses.... cubase, nuendo, cakewalk, or even f'n Guitar Tracks Pro, doesn't matter... doesn't matter to me, and probably doesn't matter to your clients either, if you have any. But start working as part of a team on bigger signed label projects... say, as the recording engineer on a project with a producer and a big name mix engineer, and band mebmers who have done a bunch of pre-pro, both with and without the producer... and you're the only guy trying to use Cubendowalk Pro or whatever..... well, i can tell you now, that's just not gonna work out for you, i don't care how easy it is to convert the files. no one's gonna want to deal with it, for the most part.