The DAC under consideration is the Wattson Madison. It has a SPDIF input and a Toslink. I would need the SPDIF for my CD transport. The Wattson has a built in streamer but I found it sounded better when I ran my Bricasti M5 through its SPDIF. But again, I will need the SPDIF for my CDT.
Note: other DACs under consideration are the Synthesis Roma and the Less Loss Echo's end. Both of these DACS have better connectivity options. The Madison's advantages are size and its overall sound is pleasing. Overall its a toss up.