Assuming that digital and analog circuitry are identical and of the same execution, the performance out of analog outputs of BCD-1 should be better than going digital into BDA-1 to do conversion simply because there will be less jitter what is the main factor (aside from the execution of circuitry) that impacts performance.
This is the reason why top players remain so far unmatched in performance when compared to solutions that involve external transports, be that another spinner, PC, whatever.
So far there is no digital source/transport that is of low enough jitter to make the difference inaudible, and so far there are no jitter “rejection” methods that could make the difference inaudible.
This assumes you have a system that is resolute enough, and you have good hearing.