Yes it is.
Its maybe good enough in the end
but converting a digital signal to analog and back to digital to edit it and then back to analog is exactly like taking a screen shot wit a camera.
Everything Adds noise and distortion in this process
and i'm sure you will agree noise and distortion from (DAC + ADC + DSP + DAC + AMP + Speaker) > (DSP + DAC + AMP + Speaker)
DAC and ADC are probably not level matched at all so right there i can see >12dB dynamic getting lost.
That's surly not the best ADC because Cheap requires compromise.
If you think 5-6 of them don't matter why do we event bother testing and talking about the specs of DACs and ADCs that cost more then this speaker.