There are other multi-format DAC chips out there. One does not need 8 channels for stereo. The PCM1739 or whatever, very popular in DACS these days takes all the same inputs. Has built-in filter. Very nice. Does not sound as good as the venerable old PCM1704. The problem with a lot of these super-integrated chips is that you cannot put the reclocking right where you need it. You have to compromise. Same with the power supply pins. Ok, call me old fashioned. I prefer a DAC chip that lets me "talk" to it, and is not super-integrated with a filter and receiver and other channels, etc.
But go ahead, try it out. Give us your honest opinions.
jh