"high quality mode" is the upsampling, calculation and then downsampling
interpolation is the process of calculating the unknown value between two known values.
Interpolation is normally described by the method used, which in this case I am guessing is 'linear'.
IE, I have two known amplitude values 0.8 and 0.1 and I need to know (IE guess) what is in between them.
(0.8 + 0.1) / 2 = 0.45 is our estimated interpolated value.
interpolation can be used as a kind of lowpass filter to round off the rough aliasing artifacts which crop up in FM synthesis when the generated harmonics go above nyquist.
at least that's my half-arsed understanding of it.
