Got an ipod touch for christmas, plan on using it for music to my systems and am looking to bypass the internal ipod dac. Wondering if anyone here has experience with this unit or prefer a similar unit at the price point of this, around $100.

I have one and its a great litle device.
It will send Lossless audio from your i device digitaly to your dac. I don't think anything comes close to it for the $
I have yet to try its internal dac and using the analog outputs.

I didn't like the silver color so I took it all apart and spray painted it black.

You better make sure the new ipad usb ports will work with it.