Hi,
I am using the SB3 digital out solution directly into my Panny XR45 digital input. So, the answer to your question is that you won't need your external NOS DAC. However, if you want to use it with your Panny you can. I would be very surprised (and correctable if I am wrong) if the Panny's internals didn't bypass its own DAC circuitry entirely in its analog mode. So, you should be able to use your NOS DAC and not have the Panny mess with the benefits of NOS that you currently desire.