The best jitter reduction scheme is to clock the transport from the DAC. Therefore, the sound from a server based system will not be better than the EMM combo originally mentioned, even if an EMM DAC is used.
The EMM DAC must convert incoming PCM to DSD in order to convert to analog. If the servers sound card has a clock input and can be re-clocked by the EMM DAC, then you can come close to the EMM transport /DAC combo.
The EMM DAC must convert incoming PCM to DSD in order to convert to analog. If the servers sound card has a clock input and can be re-clocked by the EMM DAC, then you can come close to the EMM transport /DAC combo.