Is the Monarchy DIP effective?


Considering buying a Monarchy DIP between a Sony 7700 dvd and a CAL Sigma 24/96 dac. Would I benefit using one and how much of a difference can I expect?
128x128bradz
CEC transport, Assemblage digital front end, SF Line 1 with NOS 6922s, MF A3cr, Thiel CS1.5s. Cables are Tara RSC Master Gen II and Kimber 8tc. Tice conditioning with dedicated 30 amp AC circuit. And a Magnum-Dynalab FT101A to catch NPR once in a while.
Nice system Sgmlaw!Think I'll wait on the DIP and do some tube rolling. Thanks for all the responses.Bradz
I now plan to use my Oppo BDP 83 as a transport to a McCormack DAC-1. Connection would be via Toslink.

Would a Monarchy DIP (not the 24/96 version) or an Audio Alchemy DTI V2.0 be worth inserting to the signal chain? Would I get any SQ benefits or would it be detrimental?
I'd be connecting the Oppo to the DIP or DTI v2 via Toslink and then connected to the DAC-1 via Digital Coax. Possibly the Black Cat Veloce from Chris Sommavigo.

Thanks everyone and advise when you can.
I own a Oppo BDP83 and a Monarchy DIP classic. However, I use the Oppo for video/surround only. I run the Monarchy between a Wadia 170i and outboard DAC. Although this doesn't necessarily answer your question, what I have found with the Monarchy is a definite improvement. If it will improve your "signal chain" in your configuration, I cannot say.
I've owned the Monarchy DIP and its benefits are marginal in my experience and with quality modern digital gear its probably not much of a benefit. I have no desire to own it again. On the other hand its relatively inexpensive, so....YMMV.