Crap, we forgot the DRM on those Compact Discs!
As others have said, 44.1KHz at 16 bits per channel is plenty of bandwidth. It doesn't have enough spare bandwidth to accommodate editing, but it's plenty for the final format.
This is more about trying to get rid of those pesky, unencrypted Compact Discs. It has been tried many times before and this will be yet another failure. People who buy music want to play it anywhere and anytime. Save the DRM efforts for cheap rentals.
If somebody wanted to convince me to buy a new disc, it would be to gain unencrypted access to the master tracks. There are many great albums that have been butchered by low quality or poorly stylized production. Release an open-source app to share sound board commands with other owners of the discs and now sales are on fire.