OK, the reason that I'd personally choose a DAC over a CD player is that my favorite radio stations are across the pond and I'm discovering that while local radio stations are compressing their signals, European radio stations are moving towards higher resolution audio streaming. The BBC Radio3 (without compression) streams at 320kbps via iTunes and the change from their former 128kbps is noticeable. The DAC bypasses the sound card in my Mac Mini and the internal clock inside my DAC is reason enough to justify its cost. My DAC being new as it is also hosts frequencies that go up to as high as 192 kHz. So if all of this for mentioned rhetoric is of no concern, than I can't see owning a DAC at all, much less an expensive one.