"I don’t know much about DAC’s as a component and came here to learn a few things... do I need one with such a simple setup? :)"
No!
No!
Are DAC's overpriced?
External DAC's are pretty expensive imho... BUT I don't know that much on how to choose one. I want mostly cd's in my small two channel system... I am rebuilding after selling my Logans and Mac amp to go back to "drivers"! The Logans wore me out with Maintenance. Should I buy a new cd player or get a new DAC for my old player?