No - from the information capacity point of view - MQA is significantly worse, as at higher sampling rates (ie after its core unfold) MQA can represent only a small fraction of higher-frequency (‘ultrasonic‘) spectrum. While a higher-sampling-rate PCM does it fully, naturally. And even the feasibility of this ‘small fraction of spectrum’ is questioned by signal-processing algorithm experts. (Pointing out that while MQA’s ‘triangular’ spectrum is a nice visual illustration in frequency domain, performing such PSM decoding in time domain is not feasible in the near-real-time of playback.) But those are ‘opinions’, meanwhile - if exists - the encoding/decoding algorithm is kept secret, and its performance test results are not offered…
At the same time, MQA’s position is that this - the diminished ability of MQA encoding to carry ultrasonic information - is irrelevant and even by-design, as ‘only a small amount of music information exists at ultrasonic frequencies - due to significantly reduced level and dynamic-range of real music there.’ (This might be true - but it makes MQA’s algorithm (again, if it actually works) at best equal to PCM.)
If PCM and MQA are equal in audible sound quality, which has the worst processor load for penalty for decoding? With and without MQA hardware? I always listened to Tidal with the Windows App, does that give the full "unfolding"? Or do you have to invest in MQA hardware to get the best out of MQA?
I know these are elementary questions, but I'm more confused as this goes on...