i've been in the camp that thinks there is little to no benefit to 24/96 vs 24/48 (for live concert recording) without ever having tried it.
so last night i was going to a one set show and thought "what the heck, i'll give 24/96 a shot and see how it comes out". i fully expected it to be a one show experiement at 24/96, afterwhich i would quickly retreat to my normal 24/48.
after listeining to the results i think i've been converted. 24/96 is noticeably better than 24/48, but it's somewhat subtle at the same time. the playback results on an average sound system may not be immediately noticable (this i will acknowledge), but here is where i noticed significant benefit with 24/96.
before i even started the recording i noticed a significant difference in the behavior of my levels. i had headroom for days with the recorder set to 24/96 and had to use a much higher gain level compared to 24/48. i was recording a jazz show (Lee Ritenour & Mike Stern), so the music had a pretty wide dynamic range. when set at 24/96 the loudest peaks of the set did not cause my levels to spike like they would at 24/48, so setting levels was much easier.
when i listented to the recording after normalizing the levels the first thing i noticed was the "spaciousness"... in the sense that the loud parts did not sound as if they were nearing the headroom limitations that can be sensed with a 24/48 recording. the music sounded like it had plenty of room to "breathe" through the full range of dynamics.
i'm not articulating my comments as well as i should, but i think y'all probably know what i'm trying to say. there's still nothing wrong with 24/48, but i'll continue to experiement with 24/96 to see if my initial results are consistent.