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The Beresford DAC is High Rez (methinks). It's $279, has USB, coax and optical inputs. It sounds tremendously good for $279 and you can get them on Audiogon. I think Beresford occasionally puts demo units on agon for around $220. Take a look. I can't imagine anything better for the price.
You might also consider using a pro audio interface, like Channel D recommends for Pure Vinyl. It give you inputs and outputs and can add a lot of bang for the buck, but be a little bit complicated to use.I've had good results with a Focusrite Saffire 26 Pro I/O that I bought on close out for around your price range. It is a firewire 24/192 ADC/DAC and I have been quite happy with the sound, although I've had a few buggy issues I've had to work out. If I were buying today, I think I would be looking closely at the TC Electronic Impact Twin.http://pro-audio.musiciansfriend.com/product/TC-Electronic-Impact-Twin-Next-Generation-FireWire-Interface?sku=584562What I'm using:http://pro-audio.musiciansfriend.com/product/Focusrite-Saffire-PRO-26-IO-8Channel-FireWire-Interface-?sku=241135#usedJim C
The HRT Streamer USB DACs are getting fantastic reviews. At $350 you could get the Streamer II+. When I talked to HRT about their new line of DACs, they told me that the new non-+ version of the Streamer II was a better choice than the original Streamer+. The II serives now has async USB and can handle hi-rez. MusicDirect carries them, so you could take advantage of their 30-day trial period.Lots of great reviews of the original lines and the new streamer. Check the spinoff of the DAC shootout thread here, and 6moons for starters.
FWIW, I enjoy my Cambridge Audio DACMagic, which fits your needs.
where does the 24/96 source material come from?
DVD-Audio discs and rips (up to 24/192)DVD-Video (audio portion) discs and rips (up to 24/96; like Neil Young greatest hits, Live at Massey Hall, etc)downloadable files from a plethora of sources (HDTracks, HDTT, etc...see list in this Circle)
I was under the impression that DVD-A is locked from outputting anything digital except for Linear PCM (Redbook 16/44) with very few exceptions. I know (from working in Post Production) that most audio that is used in video is upsampled from Redbook unless it was specifically recorded higher. I know most of the audio tracks on live performances comes off the board and is usually 16/44 native and then upsampled to whatever is needed afterwards. I know some of the places (websites) I’ve seen 24/96 or 24/192 music are recorded on one of the many portable live recording devices, im sure much of the studio stuff of mainstream or commercial music found at anything above 16/44 is likely upsampled with little exception.
I am using a V-DAC in my system currently. http://www.musicalfidelity.com/products/V-Series/V-DAC/V-DAC.aspIt complements my amp (ST-70) well. It is missing the brightness associated with some of the other cheap SS dac's. It is well worth the price. Occasionally, Audio Advisor has open box specials where you can pick one up for $230.00. I like the small case it comes in, the last thing I need is another full size component on my rack.