Why migrate away from the SB3 if it sounds so good? Because it has been obsolete'd by Logitech, i.e. no support?
Exactly.
The V-Link came today. I just finished playing with it, for the last hour or so. Using optical wasn't much better than optical straight out of the Mac. However, once I switched to spdif, things came to life. Finally! Pretty darn close to the SB3, without any tweaking at all. This is on my regular Macbook, using a regular USB cable, iTunes and Pure Music. I now feel confident that I can go to a Mac Mini optimized for music, without compromising sound quality and possibly improving sound quality.