Jim-
I think your plan for a six channel analogue all tube preamp is great. I don't think there are many such products available, especially tubed. The Oboe looks like an excellent deal, I would have probably built one instead of just a bugle if it was available when I ordered my bugle board.
I understand where you are coming from with doubting the marketability of a CD only DAC. However, I don't think that you've missed the market on a tube dac. Some of the reasons you state for people not needing a tube dac could be exactly why they need one. Two channel 44.1khz/16 bit audio is here to stay, whether we like it or not. There are very few releases in SACD or DVD-A compared to what is available in redbook, which means that we will be listening to redbook for a long time to come. The output stages and power supplies on the all in one digital players are often compromised or poorly designed. Higher resolution formats can still sound good (relative to redbook) with a compromised design, but redbook suffers, perhaps because it is more mature and we know more of it's capabilities. So, if you want to have good sound with both SACD/DVD-A and redbook, the best solution might be to buy a universal player, and add a DAC with a better power supply and output stage than what's inside your player. I'm not convinced that a player that plays everything could be as good as a well designed outboard DAC, especially when you consider the noise from the video circutry, and building to a price point and having to put so much into a player. Reviews of universal disc players rarely praise their redbook performance.
Then there is the question of computer as transport. Many people on the audio boards (I frequent AA and DIYaudio more than AC), claim that the sound from a hard drive as transport is better than using a CD only transport of excellent quality. I have been considering using a hard drive as a transport, because I have a lot of music stored in apple lossless to play on my ipod. In order to do that with few sonic compromises, I need to have an external DAC. Whether or not USB is superior is up for debate,
and many people report success with a toslink or usb to spdif converter. The success of the ack! dack, as well as rising prices of used DACs on audiogon (I know because I spend far too much time looking at prices there) indicate that there is at least still interest in stand alone DACs, esp. below $1000 or so.
There are also modders who are getting high praise for putting tube output stages and new/modified power supplies into multiformat players. If you haven't read it, here's a very glowing review of Dan Wright's work:
http://www.positive-feedback.com/Issue14/modwright999ES.htmI think that a DAC designed and voiced by an excellent engineer with good modern processor and well designed power supply coupled with a simple tube output stage could kill the sound available from the opamps and switching power supplies that are usually in the multiformat players.
Thanks for taking the time to read my message.
-Aaron.