What I'm looking to do is build a hires system a piece at a time due to $$$ constraints. Starting with the Bricasti M5 with the Audioquest Dragonfly Red (which I already have on hand) plugged into the M3's USB-A Output. The AQDR would then be plugged into Genelec 8030Cs using a Mogami 3.5mm to 2-XLR Male cable.
I would trigger playback from Audirvana which would do the "1st unfold".
Sounds feasible?
Down the line I would replace the AQ with another better DAC (hopefully under 2K).