No. Still not 24bit.
> Using single stage FIR digital filtering and noise shaping, 1-bit DSD can be down-converted into standard 24, 20 or even 16-bit PCM audio for CD distribution while still retaining the maximum possible audio quality.
*Anything* can be converted into 24, 20 or even 16-bit PCM audio for CD distribution.
QUOTE(kjoonlee @ Aug 4 2006, 23:00)

or even 16-bit PCM audio for CD distribution while still retaining the maximum possible audio quality.
Read: CD is good enough for all uses, even SACD audio.