I was using a V800 dac back then and it was AES. Can't remember if i tried bypass, i think compared between physical bypass and eq. Amp was modded BH Crack and HD800 with rugliner.
You need to feed it with a digital source. If you use the analog input or internal DAC, then all bets are off. But with DEQ2496 in between a CD transport (or optical from FireTV) and Yggdrasil 2, I could not tell a difference. The DEQ was so good that I could tell the which one of my transports I was using or which connectors (SPDIF, AES, etc.)
I'm using a cheap Pioneer player via TOSLINK. It makes no sense that different transports would have a "sound" with an optical link and reclocking DAC...
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