External DAC's are very useful in setups that aren't receiver-based. My computer goes straight to my DAC...and boy...I can tell a massive difference between my receiver DAC and my Lite-AH DAC. I can really only tell the difference on headphones, and that's what it used for :-)

In most cases, I'd say you're wasting your money on an external DAC unless you have some outlandish amp setup, and don't want to use a high end surround receiver.



M22s|VP100|QS4s|HSU STF2