First things first,
Thanks all for the support. I don't know how my enthusiasm on this forum caused such a stir, but if I did anything wrong I apologize. I really do have other interests and hobby's, such as cars, IT, my family (duh) and many others. Concerning audio/video, I love music, beefy power amps, transparent preamps, words like "transparent," plasma TV's, 10-lumen technology, oversampling DAC's, tweaking, tinkering, good looking speakers, etc, etc. I think you get the point.
Mike, I take no offense, even if offense was intended. If you'd like to find out more about me all you had to do was ask.
No hard feelings man.
Secondly, I like the idea of getting back on track. What was said is done, and its in the past. I take no offense (God knows I've said some things I didn't mean, or that I shouldn't have), so lets move forward.
vintagebob,
Sounds like you've got it right buddy. From the DAC you'll run analogs to the SC-05. If you want to run a preamp for 2-channel things get a little more complicated, but in short you'd run everything the same way (I think...it's late so I need to re-read this post in the morning), but instead of running the analogs from the DAC to the SC-05, you'd run them to the preamp, then use the preamp's HT bypass (something I highly suggest as a necessary feature on the preamp) to the SC-05's preouts. This allows the signal to be passed along unmolested when the preamp is in bypass mode or when it's powered off.
As for multi-channel music using HDMI, I have no clue. Do they make DAC's with HDMI connections yet? If not you'd just have to use your receiver without a DAC for multi-channel.
I hope that made sense. I'm dead tired and off to bed.
P.S. What's the Inday switcher for?