Sean,
I think that your logical thinking is on the right track!
I think that Wadia uses 1 clk for both transport & DAC when one buys their 270 transport & 27 DAC. The clock is in the DAC unit & is fed back to the transport using a glass fibre (ST) cable. They call this their "Clock Link" technology, I think. I believe that they do the same thing inside their CD players but it is transparent to the users as the routing is all internal. I think that the fed back clock is put in a FIFO & this FIFO can be compensated for time (which is phase) delay. The time delay, of course, occuring in the fed back clk signal.
FWIW.
I think that your logical thinking is on the right track!
I think that Wadia uses 1 clk for both transport & DAC when one buys their 270 transport & 27 DAC. The clock is in the DAC unit & is fed back to the transport using a glass fibre (ST) cable. They call this their "Clock Link" technology, I think. I believe that they do the same thing inside their CD players but it is transparent to the users as the routing is all internal. I think that the fed back clock is put in a FIFO & this FIFO can be compensated for time (which is phase) delay. The time delay, of course, occuring in the fed back clk signal.
FWIW.