It certainly seemes to be very little point in 48k. But, on the other hand, not much damage either. The resampling process will introduce noise, but if you record at 24 bits, that noise is drowned out by the noise that the 24 to 16 bit resampling does.
Damn, I wish I had the time to organize a big double blind testing of all this.
The Anti-alias filter side-effects occur around the cut off frequency. With 48k this would be at 22k and so artifacts extend into the audible range below 20k. With 96K, the filter's at 48K and far fewer, if any, artifacts extend down below 20k.
First of all few people actually can hear 20kHz. Second of all, almost all A/Ds today use oversampling, which gets rid of this problem, and also simplifies of the problem of making 24 bit linear A/Ds (or not. I got unsure about this suddenly. Don't take that part as gospel). By using 16x oversampling, you get the nyquist frequency at over 700kHz. -> No problems.