"Hi Res audio is snake oil designed to sell the same thing multiple times, period."
The "period" is unwarranted, because there are too important caveats. Firstly, it has been extremely common for albums to be sold with very compressed dynamic range, assuming the average consumer will be listening in noisy environments etc. However, the mastering supplied to Hi Res shops sometimes lacks that compression, so that is where you can hear the album with room to breathe.
Secondly, the SACD format allowed adding a layer for 5.1 surround sound. In classical music, this is especially important for works where the performers are spread out around the hall, not just all on stage in front of the listeners.
So, with Hi Res the higher frequencies and 24 bit depth are snake oil, but the ancillary benefits are audible to anyone with a good listening environment.