Doggiehowser: To my regeret I did not auditioned EMM Labs DAC2. However, knowing reputatio of the designer you probably cannot go wrong with this choice
Audioeng: Lets not play with words, please. Typical average DAC has PPL i.e. as the rule, it has clock(s).
For music lovers who own DAC with SPDIF inputs only - your and very, very few others USB inteface plays enormously imprtant role - allowing these audiophile to continue to use their DAC and, as you said, frequently improve sound quality over "raw" SPDIF directly from the server. Your device is great, particualrly with its dedicated PSU