The analog out from the Squeezebox is really quite remarkable considering the low cost of the device. However, I use mine with a Lavry DA-10 external DAC and there is an increase in clarity and refinement that is noticeable.
I've not heard the Cambridge so can't comment, but another you might check is the Channel Island DAC. They list for a bit more than the Cambridge but I did note one available used here on Audiogon. I came very close to buying one but was ultimately willing to spend more for the Lavry which I preferred.
I've not heard the Cambridge so can't comment, but another you might check is the Channel Island DAC. They list for a bit more than the Cambridge but I did note one available used here on Audiogon. I came very close to buying one but was ultimately willing to spend more for the Lavry which I preferred.