Streaming - getting set up


I am interested in setting up a streaming system and need some help from experienced streamers?  I have a Playback Designs MPS-5 which I am told has a pretty good Dac.  I have a budget up to about 12k (includes necessary cabling) Would it be best to buy a nice streamer and connect it to my MPS-5 dac or get a all in one Dac/streamer.

I am looking for the best sound within my buget.

 

 

bobheinatz

Thanks for the replies.  I was leaning towards using the DAC in my MPS-5 but as one post said DACS have come a long ways since the MPS-5 came out.   Thanks again, keep them coming!

@mahler123 

Whether to start at the bottom or top is a question of personality. For me to start at the bottom or dipping toe in is a recipe to spend a lot more money. I will immediately realize the utility, get a better one... then get the best possible for my system and in the process end up spending a lot more. So, for me, I do the research and make the appropriate purchase the first time. For some personality types... they like to ease into it. To me, life is too short... but as I say, that is me.

I want to listen to music, not enjoy the purchase / building process. Kind of like the motorboat / sailboat question... is it the destination or the process. I like sailboats... but that is a different category. 

Different strokes.  The Wiim is so cheap that even if one upgrades the cost is trivial, and many people will be happy enough to view it as an end point.  Otoh I have had the experience of sinking a fair amount of money into a technology that I wound up simply not embracing (Beta Max, HDDVD) where I could have bought entry level and not higher end from get go.

@bobheinatz make sure you don’t automatically dismiss the dac in the mps-5 and assume it can be bettered by something that retails for $3,000 right now. 
Audition the new dac in your system. Make sure you compare it to mps-5. Take time and don’t rush.