I surely am, that's why I wrote 'simply' in quotes
Not a DSP expert but I can see car-processors doing 8-16 channels DSP at 192kHz for about $4000.
The $4k AVR/Ps can barely do 48kHz DSP, use much cheaper DACs and measure much worse. No need for a DSP doctorate to see the problem here.
Pretty easy to do 8+ channels at 192 kHz if you are using IIR, things change when you start talking about FIR and room correction. Perfect example is the miniDSP C-DSP 8x12, without Dirac it has 12 channels at 192 kHz, if you upgrade to the Dirac version (which has the same exact internal hardware) that changes to 48 kHz.
As was suggested earlier you can definitely increase the number of DSPs to increase sampling rate but the main point I am making is that it is not just a matter of implementing something new on existing hardware (even for these car audio DSPs), you actually need an increase in processing power. Personally increasing the DSP sample rate is not high on my wish list but YMMV.
Michael