I just got my Edirol R09 and did some tests.
Following Guysonic, I put a 1k resistor on the inputs, and recorded "silence" to see what the noise floor was.
I was suprised to learn the lowest floor is something like -90 to -92dB. For example, both mic (lo sens) and line give this value for gains between #1 and #20. Noise goes up to about -85dB at #30 gain.
The ideal noise floor for 16bits is -96dB, and for 24bits is -144dB (each bit is 6dB). So, this is about 4-6dB *worse* than 16bits. So, there is no point in recording anything in 24bit, because those extra 8 bits will be useless.
What I was hoping was for something like 17 or 18bits and the rest noise. Ie., one or two bits better than 16bit. But the current rig is comparabe to minidisc. Approaching but not quite 16bits.
Richard