I still want it. Is that bad?

No, as long as the DAC isn't a factor in your decision.

Well there is your problem, I didn't say "hello."

Let's see if I understood you correctly: you are in fact wondering which DAC is better, the Oppo BR player, or your receiver's DAC?
If you connect your BR player via analogue cables, it means that the player does the conversion. Via HDMI, you have the option to let the receiver do the conversion; you decide which one sounds better.
I wouldn't say the player you mentioned would be useless; if the DAC in the BR player goes to 192 kHz, you would be able to listen to DVD-A (for example) without any other DAC involved. Straight to an amplifier.
If you're talking strictly movies, than yes,kinda useless. Movies are encoded at 48 kHz usually, so unless the player has a super DAC, you won't hear any differences.
What type of receiver you have?

This post has had me thinking about the "Digital" signal. So, being that the digital signal is JUST 1's and 0's, high priced coax or optical cable is indeed a rip off! There is no such thing as a "fuzzy" 1 or 0 (thats my way of describing it)! Either the signal is there or its not, no in between. My conclusion thus far... Monoprice or Cardas, it depends on how much the consumer wants to spend/waist on digital cables. Right?