Matt,
I’ll try to address some of your points.
On the secret keys, irrespective of their intent, they constitute DRM if they apply to music you’ve purchased. Simply compare the situation to music you’ve bought on RedBook CD, tape, vinyl, or a digital download of e.g. a high-res format.
This isn’t something you want to have to deal with, it’s unnecessary and it’s a digital shackle. In the software world there are established and secure ways to verify that a (for example) computer program download is legitimate, which do not required the use of special hardware or closed software to work.
MQA is not the Walkman - the Walkman was about comfort and mobility, least of all high-fidelity, whereas MQA claims first and foremost fidelity, in a way that is widely disputed. You cannot simply compare it to that because you want to; a more akin development to the Walkman in the pure encoding area is MP3 in fact - it made music available on slow spinning digital disks small enough to put on our puny hard-drives!
If all you have on the ethics of reverse engineering is an opinion, perhaps some facts won’t hurt?
I don’t have any issue with streaming download caches being protected against unauthorised replay.
You’re free to ignore facts regarding MQA encoding side effects… Confirmation bias is a scientific fact.
I for one have listened to a fair bit of MQA encoded albums, as a Tidal HiFi subscriber without owning an MQA enabled DAC, and I hear no differences over the non-MQA lossless alternative. I’d love to see a single blind A/B test showing listeners pick the MQA alternative. Just one. All I’ve seen are proper blind A/B tests in which the results fare no better than random guessing, and some non-scientific tests in which people claim no difference, while others claim they can hear it using their car speaker systems (really!) or a subwoofer set under a desk and PC desktop speakers… Sure thing.
As long as I’m not paying for it I’ll happily stream the MQA version of an album, sure. But CDs, or MQA downloads? You’ve got to be kidding me. You do know how people extract bit-perfect digital copies of another famous proprietary digital distribution medium, the SACD, right? Using a hacked PlayStation 3? That’s what the future holds for MQA owners if the company goes bust, whether you like it or not.
Open up MQA, and it’s a different conversation.