USB-S/PDIF Converter or USB DAC?


I've decided it's time to use a music server with my main system. I currently use one (iBook) with my headphone system with the Grace m902 headphone amp with built-in USB DAC. I intend to get a new Intel iBook when they are released (March/April).

I currently have an unused Wavelength Audio S/PDIF DAC that I could use with a USB-S/PDIF converter (such as Empirical or Red Wine Audio) or get a USB DAC (WA Brick, Stello, ???). Is a dedicated USB DAC preferred over the hack USB-S/PDIF converter route?
budrew
>wirless USB hub

What does that mean, exactly? Is it a separate USB network (with the hub as access point and wireless-enabled USB receivers or devices communicating with the hub) or part of an 802.11x network?
See this link, not 802.11x:
http://www.belkin.com/pressroom/releases/uploads/01_03_06CableFreeUSB.html
Thanks. I think I get it. This could solve a major problem for me, which is how to locate a laptop at my listening position and feed a DAC across the room without running a physical cable. I'd stick one of these hubs near the audio rack. I wonder if the frequency this thing operates at will pose any problems to an audio system.
Not sure about the spurious emissions. It is evidently the new ultrawideband technology in the Belkin device, which is low-power but wide frequency emissions. If there is an RF technology that might cause problems, this is it.

If you want something safer, then go with the AirPort Express. This is 802.11G. I have a version of this, Off-Ramp WIFI with S/PDIF or AES output, and soon hopefully I2S output.

Steve N.
Empirical Audio
Manufacturer
So guys, what about the fact that all known USB DACs use isoncronous data transfer, which makes the major advantages of generic USB: it's bidiretional and the signal is error corrected at both input and output, to lose its value? It works pretty much simlar to SPDIF, and prone to even higher jitter... Why would anyone want it?