I have no patience for articles like this because instead of setting the record straight it just adds more pseudoscience to the mix. Their "experiment" doesn't prove what they claim it proves.
Is 24-bit useful for playback? Yes it is. Do you need it for properly mastered audio? Absolutely not. But there are 10,000 home studios across the country who have music files at 24-bits and a large chunk of those engineers don't know how to master audio. Is a raw 24-bit track better than a poorly mastered 16-bit track? It is to me.
Is 192kHz useful for anything? Probably not. Does it hurt anything? Maybe a little. I would expect a quality music player to go up to 96 anyhow so 192 isn't so bad. Similar reasons as before.
Does this reflect badly on the Pono player? Not really. Over-engineering isn't a bad thing in my book.