Try the EVS Millennium DAC II risk free, and if you don't like it you're only out about $15-$20 shipping. I was in a similar situation in not wanting to do the new formats until they have more software available and, more importantly, incorporate a digital out. My system absolutely came to life upon adding the Millennium DAC--the soundstage expanded in all directions, dynamics improved dramatically, tonal colors are significantly more fleshed out, and there is a total and utter transparency and clarity that you really have to hear to believe(I was previously using a modified MSB Link DAC, which was good but not in the same league as the EVS DAC). The parts used are the best available, and you would have to pay thousands more to get another DAC or player with this level of quality parts and execution. Finally, and not insignificantly, this DAC will be upgradeable to handle the new formats(albeit in 2-channel only) once the digital connection becomes available. At $1050 this thing is a ridiculous steal, and it will take your system to a much higher level. Try one and I bet you won't return it--I don't know of anyone who has. See reviews on audioreview.com and stereotimes.com, and/or go to the EVS website at www.tweakaudio.com. By the way, I don't have any involvement with EVS other than my extreme enthusiasm for this DAC and what it has done for my system and enjoyment of music. Best of luck.