Golden Earring wrote: 
> Since the DAC will accept up to 32 bit 384kHz PCM (via USB input), I
> think the latter...

Or not. "32 bit PCM" most often means 32-bit floating point (that has a
resolution of 23 bits), not 32-bit fixed point. 

Anyway, 32-bit fixed point would not make any sense, as there aren't any
practical DACs with linearity and SNR that would exceed 24 bits. And, of
course, good luck finding a commercial recording with a SNR exceeding 16
bits.



"To try to judge the real from the false will always be hard. In this
fast-growing art of 'high fidelity' the quackery will bear a solid gilt
edge that will fool many people" - Paul W Klipsch, 1953
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