@melm I hope to explore this very soon via an acquaintance building serious server dedicated to running highest level dsp with HQPlayer. I can only say my explorations with Roon dsp have been disappointing at best, I hear an 'electronic haze' or less natural analog like sound quality with any dsp engaged, even allowing Roon to control volume is bothersome for me. My experience points to 005 does better job with these digital processes than Roon, the rest of my system exposes those differences.
At this point not convinced of value of software dsp, typically I see great amounts of dsp used with desktop type systems. Go over to Headfi and lots swear by it, don't see it so much in high end systems. Perhaps lower quality dacs benefit more than the better dacs. It doesn't say much for one's dac if software dsp superior to letting dac control these processes. Why have a good dac if you're not using it's full capabilities? Also, it may be that only extremely transparent, resolving systems painstakingly optimized for maximum analog like sound from digital will expose software dsp anomalies. Still, it may be that us older guys with high end systems are simply ignorant, more resistant to newer technologies. Expect I will soon uncover more knowledge with direct experience.