Possibly yes if it's built around a Sabre chip. Possibly no if it's R2R or FPGA.
Are DAC's overpriced?
External DAC's are pretty expensive imho... BUT I don't know that much on how to choose one. I want mostly cd's in my small two channel system... I am rebuilding after selling my Logans and Mac amp to go back to "drivers"! The Logans wore me out with Maintenance. Should I buy a new cd player or get a new DAC for my old player?