Seasoned,
Qsonix came up with a fantastic Ipad app, and the second generation 205 product has a terrific digital output designed by Wadia.
I would agree that the first generation product was lacking but the 205 is an excellent product, I don't know anyone who actually bought a Qsonix and used the Analog outputs, most Qsonix were purchased as digital transports and with the upsampling set to 192K the sound was fantastic.