Here is a quote from page 19 of the EMU 404 USB owner's manual
"S/PDIF to Analog / Analog to S/PDIF converter
The 0404 USB can be also used as a standalone S/PDIF -> Analog or Analog ->
S/PDIF converter.
Analog Input to S/PDIF: Attach analog device to Dock A/B (Left/Right); enable
direct monitoring (set to S/PDIF). Analog input will be mirrored to S/PDIF out.
S/PDIF to Analog: Attach a S/PDIF source, power cycle the device, and set direct
to main"
I haven't used it for this purpose before so I can't vouch for it. The manual can be
downloaded from
http://support.creative.com/manuals/download.aspx?nDownloadId=11592&prodName=0404 USB EN
Harold
* The E-Mu 0404 USB that Harold referenced above looks like another one that would work. It offers both Toslink and Coaxial S/PDIF, but would require 1/4" > RCA adapters or cables for input into the combo Mic/Line inputs as well as physical connection from both the front and rear of the unit.
True that, I failed to mention that. Not much of a concern for me since it is priced so right.