I'm certainly not an expert about this but all the discussion I've read about dealing with jitter, regardless of whether it's an Airport Express, Squeezebox, CD transport or other device, has focused on using an external DAC that reclocks the signal or a purpose-specific device inserted between the output device and the DAC to do the reclocking.
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Just substitute 'airport express' for 'appletv' in the URL Aberyclark provided, http://www.apple.com/feedback/airportexpress.html |