MF V-DAC and power supply


I know this is a very elementary question for most of you buy I'm hoping you will help. I have a pretty good basic system with:

1. Cary SLP-94 Preamp
2. Balanced Audio Technology VK200 Amplifier (SS)
3. Tube Audio Design 60 Amplifier (tube)
4. Rega P3-24 with TTPSU, upgrade subplatter (Groovetracer) and counterweight (Mitchell), Herbie's mat, Clearaudio Virtuoso cartridge
5. Cambridge Audio 650 CD player

I want to get into PC audio, so.......I ripped all my CDs into Itunes Apple Lossless. And now am at a loss (less)

I am thinking about buying a Musical Fidelity V-DAC with a power supply upgrade and using it to to play the files through my system. My questions:

1. Is the MF V-DAC good enough? That is, will I be satisfied with the sound through the system that I have or do I need something better?
2. Do I need to do anything other than hook the V-DAC through the usb port on my laptop and hit play? Or, do I need to do more in relation to lossless or to playing the damn thing?

Thanks for any help you are willing to give.
6. Acoustic Zen Adagio Speakers
gmsasso
Looking at your gear, I believe you will find the VDAC to be a short relationship... lacks the power supply for solid low base and complex chords. Consider a reclocker like the Mtech Evo combined with a DLink III or some like combination where the DAC has the guts to match your system capabilities. While I admire USB powered devices, I ultimately abandoned a Musicstreamer II for these reasons... the device just couldn't get enough power from USB to match up to a powered DAC fed from a low jitter PC.
My current system is Gamut L5s with 2 REL Stadium subs, CJ 350 amp, Audia Flight Pre, Meridian 200 transport and V-DAC with Little Pinkie with Oyaide PC and either Transparent Reference or VDH TFU digital cable. I just got a CD , Roadhouses and Automobiles by Chris Jones, from Stockfisch in Germany; the electric bass is so good its scary, I think this is probably the best CD I have heard; the V-DAC has no trouble with the bottom end and these are subs with output below 20 Hz. The V-DAC is not a USB powered device and is very good with the standard wall wart but considerably better with the LP.
hi, i looked that dac system up and it is the m2tech evo right. the one made in italy? looks really nice and has good specs. bet it sounds great.
Stanwal, I'm sure that the VDAC is a nice piece of gear. But when I say base I mean a real challenge with multiple base instruments playing against massed other instruments... in this type of music lesser DAC's start to mumble instead of sing. I also mean impact, that being hit in the chest with a phonebook sensation on drums as well.