Are you currently using the internal DAC in the Airport Express? If so, just stick with your wireless setup and get a decent DAC. You can use the optical out of the Airport Express into a DAC. It will give you the biggest improvement in SQ.
My setup is similar to your setup with loseless ripped CDs on a Mac Mini. When I compared my wireless setup to a wired setup, it was either hard to tell any difference or the wireless sounded better, depending on the cabling that I used.
My setup is similar to your setup with loseless ripped CDs on a Mac Mini. When I compared my wireless setup to a wired setup, it was either hard to tell any difference or the wireless sounded better, depending on the cabling that I used.