I have tried foobar, jrivers and media monkey. Foobar and Jrivers are equivalent in sound quality, foobar is free and works well, once you get used to it, its fine. Jriver however is more user friendly with a few more features. I found media monkey to work just fine, but always had the perception that foobar and Jrivers sounded better. Foobar does show if you are using 16 bit or 24 bit and all sample rates from 44/48/88/86/176/192. They all play fine for me. I had some jitter, added some ram and removed a program that could have interfered and have been fine since.
I was using Jrivers on a trial basis, finally got cheap and just stuck with foobar. I am currently using a cheap 24/192 usb dac with propriatary drivers and I output wasapi.