If you need to use a serial to USB adapter to run the ARC, go for the Tripp-Lite Keyspan USA-19HS model Anthem has tested to work properly.
You may also want to check out the ARC setup/tweaking thread at AVS forum. The fact the arc requires a computers' processing power to calculate the IIR filters indicates it's accuracy and complexity. An Anthem training rep mentioned that even if they were producing a $20,000 processor, internal arc processing would still be cost prohibitive. There are some interesting adjustments, such as positioning the sub to have the response cutoff(not the crossover) begin at 120hz(which is upper freq for LFE signals I believe) and possibly setting the sub for a flat, rather than auto, response. These changes are system dependent/capable but can produce noticeable bass performance improvements.
I did some listening to my system, using digital input in Anthem, and didn't notice any SQ Degradation switching on the ARC. Some non bass freq improvements actually. My NOS Tranquility dac thru the anthems' analog inputs loUst 3 dimensionality and most importantly for me, the analog like musicality the Tranquility is noted for. A non NOS dac may not be so affected perhaps.
Merry Christmas and blessings to all in memory of the Grandmaster, David