You are right. The need to boost volume in most cases due to bad tracking / mixing in the first place.
16 bit has always sounded totally disgusting to my ears, I have always hated hearing something I recorded being brought down to 16 / 44.1, as the sampling rate simply is much to low for quality audio. At 24 / 48 and 24 / 96 you finally have a sound quality comparable to analogue, under 2 provisions:
1) sync clock accuracy - which is a big problem with the majority, if not all DAW's, up to and including Pro Tools.
2) converter quality. Unfortunately it is possible to make a converter that looks wonderful on paper, with good specs, and it sounds like crap. On top of that.... who checks their specs? Like their dynamic range claims? I've tested quite a few of them, one brand exceeded their claims on paper, one was reasonably accurate, all the others were way down on their claims!
The Delta 1010 has a claimed A-weighted dynamic range of 108dB on the D/A and 109dB on the D/A - but in some of their press releases and promotional litterature they claim 117dB for the D/A and 110 for the A/D. Now it so happens that the first one is A-weighted, but then............ if you take other, non- A-weighted measurements you'd still never get to the 117 and 110 dB. Ask them about it, and they all lie.
(note - I'm not saying the delta 1010 isn't good)
The fact is that it is possible to make digital sound better that analogue has ever done, if you increase the dynamic range of converters, and make converters correctly, not so you can put cheap shit in one and sell it for a lot of money. One chip set, like they are currently all using (with very few exceptions) will never do it.
I have been using A/D's with a dynamic range of 157dB, and recording at 24/48, with some processing done in a 24/96 sidechain. Now that does sound good. Definately no need for compression, unless you want it as an effect. definately no use for limiting, unless again, you like the effect - or if you did screw up.
Finally, yes. I think you are starting to use your ears, most people don't or can't.