There are many free media players that can play 24bit 96khz flac files. I use Foobar2000. Winamp and VLC can also play them.
To play flacs in itunes, try Fluke: http://blowintopieces.com/blog/2008/05/15/fluke-play-flacs-in-itunes/
or convert to apple lossless
You can also burn these to a DVDR disc, which will play on your standalone DVD player.
The only freeware program I know of that does this is Lplex.
http://sourceforge.net/projects/audioplex/
It authors a DVD-Video disc (with a blank picture) with the 24/96 LPCM audio.
It's easy to use and works. Although it works with flacs, with 24/96 flac files, you need to decode to wav first. After processing, you will end up with an .ISO file and/or a VIDEO_TS folder, either of which can be burned with burning software (I use IMGBurn). The only config setting you may need to change is the PAL/NTSC setting, if your player only plays PAL discs. (It defaults to NTSC). It defaults to gapless playback.
Another good program is DVD Audio Solo. http://cirlinca.com/index.htm
It can author a DVD video (with blank screen) or a "DVD-Audio" disc (need a DVD-Audio player to play those) with 24/96 LPCM audio. It's shareware and comes with a free trial and costs $45 to register.
If you want to burn to a regular CD-R, the files will have to be converted to 16bit and 44.1khz. This can be done easily with an application like Foobar (right click on each file, and select convert). For better quality resampling and dithering, use a program like Izotope RX.
originally released as Elektra EKS-74071 August 18, 1970
2002 reissue
Sundazed LP 5150
US Pressing
matrix/stamper info:
LP-5150-A RE1-
LP-5150-B-RE-1
all selections written by The Stooges
* Iggy Pop - vocals
* Ron Asheton - guitar
* Dave Alexander - bass
* Scott Asheton - drums
* Steve MacKay - saxophone
produced by Don Gallucci
engineered by Brian Ross-Myring
recorded at Elektra Sound Recorders, Los Angeles, CA