Thats pretty much nonsense, those types of analogies don't work, and loading a track in Audacity and looking at the waveform alone dosn't tell you how something is going to sound.Almost anyone can tell the difference if you pick the right material. I have 96kbps of simple pop/techno that sounds as good as FLAC, I have filled-out rock that sounds like it's lost a lot even at 320kbps
Just like with image and video compression, some things compress fantastically without losing much quality, others barely compress and look like shit if you try.
Did you run though the test samples? I am able to hear differences between lossless and and 320K on the Jay-Z track. Walk into a random audiophile room or even pro sound room and there is a good chance you'll hear Lorde used as a demo track. 128Kps is going to sound like crap with any kind of music, dosn't matter what the genre is.
A synth or drum machine could be going straight to digital medium but I doubt thats really a thing (but maybe?). Even if it did though does that really matter?, the track still has to be edited and manipulated in the mastering process in a recording session, or at the sound board in the live show.Indeed, but would the digital audio from an electric set be based off a recording done via ADC, or is it possible to correctly synthesise each note directly in PCM?
Different amps with electric guitars produce different results, as much as microphones.
More to the point though PCM isn't something you can listen to without going through the reconstruction filter of the DAC and thats really a approximate best guess by the DAC designer as how to recreate the (analog) sound. Its not like the DAC is taking the bits, processing them, and putting the waveform back together the exact same way it was encoded.