Tom,
You are not paying the Devil's Advocate, you are playing the audiophile advocate. We risk that this issue evolves in a linguistic debate. A microphone can not capture height, but an instrument sounds different if it is playing in a low position or in a high position. In some systems the indirect clues about height position embedded in the recording are enough to create a correct illusion of height in the soundstage, that can be very gratifying.
In order to debate this issue you need psycoacoustics, starting with how we perceive height of a sound source and understanding it is a completely different from lateral and depth localization.
All IMHO.
We have been down the height alley already with the usual sides squaring off.