Alright guys, might have had a bit of a breakthrough, so let me know if this is something you guys know of and recommend, or if I'm off my rocker.
I'm willing to make the concession initially of my phono stage not having DSP, but I could always add it back in later with a phono stage that has a built in ADC. One that seems to get very good reviews is the Parks Audio Puffin. They have the option to get one with either a SPDIF out or Toslink out.
Have my UHD Blueray player connected to my TV, and run ARC to the Node 130. Connect Node 130 to ethernet (look into LPS upgrades and EMI filtering). Connect Node 130 to MiniDSP SHD Studio via USB. Have the turntable connect via Parks Audio Puffin to the MiniDSP SHD Studio via Toslink/SPDIF. Connect SHD Studio to DAC via AES-EBU. (I haven't found any DSP's that provide RC with an I2S output sadly. If anyone knows of one please let me know)
Is there too much risk of added noise here? I know that was brought up earlier in one of my posts. @soix in the DSPeaker unit you linked earlier, can that USB port be used for Audio in? I wasn't able to discern on their website/manual.
I appreciate you guys a lot, I know I have made it difficult on myself because of the Yamaha amp, but I fell in love with just about every aspect of that thing when I first listened to it.