ths61,
In audio 24bit resolution is used to get the ability to resolve the large signals and also the very small signals, that's the dynamic capability. Such a R2R DAC has the ability to produce high level with 0.002% low distortion but also very low levels with a very good resolution. The FFT spectrum given in my web site shows the ability to resolve the very small signal with a very low noise which a 14bit DAC couldn't resolve, not even a 16bit nor a 20bit DAC, the noise floor is achievable only by the best 24bit DACs. For large signals (0dBFs) the LSB resolution is not necessary, and simply impossible to get by any DAC, calculate the distortion that would be admitted by a mathematically perfect 24bit DAC, it would be a distortion impossible to get and also completely useless. In audio people often forget that dynamic is the characteristic number one in audio.
For example take the ear or a good microphone or a good loudspeaker, their distortion is higher than most DACs and than most transistor amplifiers but their dynamic is extremely high. I tried to make a DAC that fits these accoustics characteristics.