All of my recently purchased silver disk spinners support two HDMI connections, from the very cheap Sony transport (A$250 or so) and up, I guess for exactly this reason. In my case, the lauded Texas Instruments Burr Brown DACs in my Reavon player turned out to be far worse than the eight 2-channel AKM DACs in my AV pre-processor.
I would encourage you to read the specification sheets of any DAC chipset you are considering. For me, it is very important that they natively support Direct Stream Digital (DSD) which I guess rules out R2R. If the specification sheet does not mention DSD, you can bet your top dollar the DAC does not support DSD.
I note in passing that DSD can be mathematically converted to multi-bit without interpolation, but multi-bit needs interpolation (guesses) to go the other way.