Hi James,
And I still agree with you, just like before. 
While obviously no current DAC can completely eliminate all jitter, I believe that good modern DACs can virtually minimize any potential jitter effects to trivial audible significance. For instance, I am thinking that a modern DAC like the BDA-1, with its pulse transformer isolation / better clock & PSU / better ASR / better output stages / and various other superior design aspects, would certainly be much less sensitive to digital sources than the older MF X-DAC V3 (with approx. 220 - 400 ps measured jitter) that Sasha used with an SB3. In fact, I'd wager the performance of the BDA-1 would not be audibly hindered at all when fed by an SB3, and would sound wonderful (has anybody actually tried this combo?). In fact, I might just have to buy (or borrow) a BDA-1 and find out for myself! 
NewBuyer
I have the BDA-1 and I run a Squeezebox Duet exclusively as my digital feed and it works wonderfully. I will concede that there's a possibility that the sound can be improved on with attention to detail and possibly better sources, but the BDA-1 and Squeezebox is a capable front end. My contention all along is that the improvements would be marginal (the old 80/20 rule at worst).
In late 2008 a friend of mine loaned me his Aurum Acoustics Integris CDP unit to try out as I contemplated that unit myself.
http://www.aurumacoustics.com/integris_cdp.htmlThat is a world class unit by any measure and regarded by some as the best CD reproduction out there. I compared that to my Duet feeding the SP1.7 at the time. Did it sound different? Yes and I'd say overall better than my setup at the time. It probably betters my BDA-1 DAC now (in ways). But even the differences then were not 'huge' for me. But I'd hazard a guess that what I consider minmal improvement some consider large. Nothing wrong with that. The main reason I didn't go with the Aurum unit was that it incorporated a CD player in its design (which i didn't want) and the unit was/is about $14,000 USD.
But even after returning the Aurum I was still 100% happy with the Duet/Bryston combo....and that combo is made a little better now with the BDA-1 instead of using the SP1.7 as a DAC. My buddy would rather part with a kidney before he parted with the Aurum....and that's cool

This is all that I've been saying all along....the Squeezebox into the BDA-1 is a respectable unit. Maybe not the best, but cetainly not a lost cause from what I've heard.
Keith