Neil Young is a lover of music, and so he has embarked on a well-intentioned quest
As I discussed in a post last fall
This isn't the fault of the player per se, but the whole idea behind the player is to provide a home for "Pono" files with soaring resolutions. There are other considerations that make hardware good, and we're not debating that Pono may or may not have these. But like the high-resolution audio jargon we first heard about last fall, there's something fundamentally misleading about the underlying ideas behind some of Pono's audio quality claims.
Just read through the Kickstarter and look for science. Or let me save you the trouble: There isn't any. The benefits listed under the "audiophile" section of the FAQ are all about hardware—not about the sampling rate and bit depth.
We've asked for more information from the folks at Pono. When they provide us with scientific evidence which proves that 192kHz/24-bit audio is better than the 44.1 kHz/16-bit CD-quality standard, we'll let you know.