What I meant to say is the digital stream is never perfect, But the much more costly units have many ways to correct Jitter or timing errors ,
What you are saying is wrong. There is no jitter on USB of Ethernet inherent in the data transmission. None, nada, zip. There is no jitter or timing errors to correct. That is why low cost DACs, literally ones that cost <$200 are able to do THD+N, SNR <-110db, and IMD, even multi-tone IMD at very low levels.
Even with SPDIF, those DACs are able, though PLL receivers and any number of chip based methods reach SNR, THD+N, etc. <-110db. They will even do it with TOSLINK. Cost means nothing. There are a lot of expensive DACs that can't do that. Think of how much experience, and knowledge goes into those DAC chips.
this too is where a DDC -Digital to Digital converter to clean up the incoming digital stream and eliminate timing errors before it goes out to the dac , the easier the dac can read the less error correction s needed , On the better units they buffer the signal ,like ram ,there there is FPGA ,it’s exact implementation is above my Digital
FPGA is just a bunch of fast digital logic. It has no inherent advantage. There is nothing to clean up with USB and Ethernet, and again, with SPDIF, if you are already <-110, or better, what exactly are you cleaning up?
@itsjustme , by Consanant and Dissonant distortion, do you effectively mean harmonic distortion and intermodulation distortion? I could see dissonant distortion also meaning aspects of unpleasant harmonic distortion.
When those distortions go close to 0,we don't hear them, but you are correct, we may not like the result. Some people like tone controls, and distortion can also be used to affect tonal balance in a pleasing way. I actively play around with added distortion on my setup, preferring it with some music/listening levels. I just do it in DSP so I can turn it on/off.
The LM49720 does not suck. It a properly designed circuit, it is a straight wire with gain effectively. The THD, IMD, noise, etc. is low enough to be difficult to measure. The 1612 is similar. Put it in the wrong circuit, and conceivably it will have issues. They do what they do. They do it very well .... but .... no matter what they claim, a large portion of audiophiles don't want a faithful recreation of the recording, they want something different.