I had an interesting experience tonight. I've got the John Lennon Imagine Blu-ray here. It has 3 audio options, all 2.0 at 96/24: LPCM, DTS HD Master Audio & Dolby HD True Audio. Based on the liner notes, it appears that all 3 masters were done by the same 2 people; in fact it may be 1 master encoded in 3 different ways.
Also, as a 4th comparison, I had a 96/24 flac rip of the pcm done on unknown software.
Imagine is not the best recorded album, but at least it's a DIRECT comparison. BTW, the liner notes state this is a 2010 REMASTER, & doesn't say ANYTHING about a REMIX.
Full disclosure: my bias is I expected the PCM to kick the others asses.
I was wrong to some degree.
By far the worst of the 3 was the Dolby "HD True Audio". That doesn't surprise me. Other than with cassette tapes, I've always held Dolby in low regard (the system, not the person).
I had a much tougher time deciding between the LPCM (no digital bit compression) & the DTS HDMA (a very simplified explanation is that DTS HDMA is supposed to be DTS's HD equivalent of Flac).
While the PCM had more detail, on my system I ultimately preferred the DTS; it was a bit smoother, had a bit more depth & retained most of the detail. Don't get me wrong, I consider my system entry level high end (though better then 99% of stereos on the planet), & a better system would surely reveal more & possibly other differences.
Unfortunately, I only know of 2 ways to get a system that good (Outside of robbing a bank):
1. Be rich
2. Be like my friend Grazer & find $30k systems at garage sales that need repair; buy them for pennies on the $ & have the skills to repair them. I don't have those skills, or that luck! I also can't convince him to be open to the possibility that high res digital might be as good as vinyl....

Finally a brief comment on the 96/24 Flac rip. I have no idea what program was used to rip it, & that's going to have a huge impact. But it came in #3, just barely ahead of the dolby (even the dolby sounded better than cd, but if this comparison was indicative of the various formats, avoid Dolby like the plague. This was supposedly lossless Dolby done by professionals, so I'm left with the assumption that it's simply not as good sounding as the other 2.
As far as the flac, I have noticed a pretty strong difference with almost all Blu-ray rips that I don't hear with either cd, dvd-a, dvd rips, & straight downloads (designed to be downloads) in any format (I also hear the same difference ripping blu-ray streams to pcm/wav), so at this moment I lean towards believing what I'm hearing here & on a a few other ripped blu's is poorly made converting & demuxing software. Not even having a Blu-ray player in my pc I'm making guesses, I am not an expert here. I have converted Blu-ray streams, but have never done an actual br rip myself.
As far as the Lennon, it sounded better than I expected it to, given this series' track record. It may end up being like most of the high res out there (with Analog Productions SACD's, MFSL SACD's & perhaps Pentatone & Stockfish so far being the only 100% exceptions I know of, & I haven't heard anywhere near their entire catalogs): buyer beware. These high res companies are showing little-no transparency (pun intended) as to their source material, & for what people are paying for this stuff, that's criminal.
See my comments in prior posts above regarding Aerosmith 16/48 "HD" DTS & "HD" Dolby, & the DR7 Nirvana. In another post above, I wrote, "I have a SUSPICION..... that they may just be using whatever hi-rez transfer is the most recent, rather than doing special transfers for the series." I still suspect that's correct.
At any rate, very interesting comparison & the Lennon, while not anywhere near Steven Wilson territory was better sounding than I expected.
I have done DTS vs PCM before on Genesis & Crimson DVD-A's. If I remember right, I had a slight preference for the PCM on the Crimson & thought pretty much everything about the Genesis sucked! I don't think the Crimson's were the same bit rate though; I think some of the PCM segments were 48/24 (I'm to lazy to grab one at the moment & check). I also don't believe the masters (& in some cases the mixes) were identical on either the Crimsons or the USA Genesis dvd-a's (Genesis fans, do yourself a favor & get the UK SACD's. They destroy the USA dvd-a's!)
Hope this was interesting to somebody!