The DEQ2496 has no volume control, so you would need to put it ahead of a preamp. But the DEQ2496 also has no signal selection, so it would only work with one source. This might be OK if all the other sources are analog, but you would only have the equalization and other DEQ2496 features for the one digital source.
The DEQ2496 is a great piece, but it would be a waste to use it only as a DAC. By the way, with 24 bits and 96KHz sampling there really aren't "blanks" to be filled in.
Suggestion...Spring for the $380 or so (with mic and cable) and give it a try. I (and some other people) hear no degradation of sound quality when the DEQ2496 is switched in, but, in any case, the overall sonic improvement resulting from equalization of room response is quite dramatic.
The DEQ2496 is a great piece, but it would be a waste to use it only as a DAC. By the way, with 24 bits and 96KHz sampling there really aren't "blanks" to be filled in.
Suggestion...Spring for the $380 or so (with mic and cable) and give it a try. I (and some other people) hear no degradation of sound quality when the DEQ2496 is switched in, but, in any case, the overall sonic improvement resulting from equalization of room response is quite dramatic.