I don't get your reasoning, sorry. You will compare full 0 dBFs 16-bit to listening to -30 dBFs 24-bit - how does this compare or matter for any purpose?
If using -30 dBFs peaks levels, 24-bit(reality 20 bits directly from adc) - would use the same amount of bits as 0 dBFs 16 bit recording.
This is one of the main reasons to record at 24-bit, you don't loose out so much recording well within the 0 to -30dBFs level while you are forced not to loose resolution to keep up close to 0 dBFs for 16 bit.
That about recording.
-30 dBFs peak listening level - it's like musak levels in stores, you barely hear it. For 16-bit this is almost square wave you listen to, +/- 500 steps.
So if we say that SPL 85 dB is comfortable normal listening, that means 55 dB SPL which is whispering.
One reason people hate remote controls that do digital volume reduction is - since quality degrade to something not nice. Listening to cd this is +/- 500 steps to represent to highest volume at that low level.
I had one dvd player that did this, unusable to use volume remote.
So compare -30 dBFs both on 16 bit and 24 bit - that is +/- 512 steps compared to +/- 32767 steps. Even more obvious how low signal levels like on a lot of classical music will sound on 16-bit compared to 24-bit.
So don't compare only full loudness war EDM level - think about dynamics and everything.
How do you think violins from orchestra sound at these low levels 16-bit?
+/- 500 steps or 32767 steps 24-bit????
Of course you loose musical content by going 16 bit.
And theory is that this is what vinyl is doing better and part reason for it's return.
So compare at proper listening levels and 20-bit is capable of producing 16 more steps for every step 16 bits from a AD converter. If processed signal at full 24-bit or better this is 64 steps each bit for 16 bit.
Some claim then - this only make noise floor below what is silent anyway.
I'm saying you also loose musical content at 16 bit.
And intend to find out if any difference that is audible. Recording 24/96 and listen to that, render to 16/44 and listen to that, and recording at 16/44 from start and listen to that.
I also have these test patterns from RMAA that I used to look at SRC from Cubase and other daws. Maybe numbers tell a story too. You can't really listen to these frequency sweeps. But will involve analog loopback from one dac to AD on interface again.