Recommend a good optical spdif/toslink converter?

Is the Music Hall DAC 15.2 what you are looking for?

http://musichallaudio.com/dac15-2/

"The Music Hall DAC15.2 ($299) IS A three input SOLID-STATE DIGITAL TO analog converter. IT’S THE IDEAL SOLUTION FOR CONVERTING DIGITAL SIGNALS TO ANALOG OUTPUT".

Music Hall DAC feature list:

3 digital inputs (usb, optical, coaxial)
1 digital output (coaxial) – converts usb and optical digital input signals to coaxial digital output
1 pair (rca) analog outputs
superior Texas Instruments (Burr-Brown) PCM 1796 24bit/192kHz processor
24bit/96kHz digital processing via usb input
24bit/192kHz digital processing via optical and coaxial inputs
easily connects to PC and Apple computers
output level: 2.1mV
0.0012% total harmonic distortion
signal to noise ratio: >110dB
frequency range: DC – 20kHz +/- 0.5dB
ultra-quiet external power supply
rigid noise rejecting extruded aluminum chassis

Gustard U12

I think he is looking for a SPDIF/TOSLINK converter only,,not a DAC.
Do you have a budget in mind?

But I could be wrong! Wish we had an edit ability!