At best MQA is an answer looking for a question, more likely it is an attempt to make $$$$$$$$s from what is effectively a scam
The question is, why do high res masters sound better even though you can't hear above 20khz? Most hear less - but that is the max. MQA claims the reason is time smear. It gets smaller as the sampling rate gets higher. In fact, with a law of diminishing returns, 96k sounds better than 48k, 192k better than 96k etc., all the way up to many Mhz. I am not arguing if it is true or not - I am merely saying what they believe. They designed MQA to reduce time smear to a minimum - see figure 12 of the following:
Even at high sample rates, standard PCM audio ‘smears’ important timing information. A new digital format, MQA, promises vastly improved time-domain accuracy — without the huge file sizes.
www.soundonsound.com
It is much smaller than the time smear for even 192k material.
That is their explanation. Rob Watts, however, has a different view. Despite the credentials of its originators, he thinks they misunderstand sampling theory. Shannons sampling theorem says if you use a sinc filter, you can reconstruct a bandlimited signal precisely. So all you do to reduce time smear is upsample, with a properly designed sinc filter to some high frequency. Problem solved. That is what he does in his DAC's.
I have a Chord M-Scaler and TT2 and have to say it sounds good. Better than MQA? Only you can decide that by listening. If MQA is correct, there is no use sampling above 96k because they think it is nothing but noise above 50khz. If I remember correctly, Rob said he puts a 50k filter in his DAC's for that reason.
Thanks
Bill