I am a big fan of amps with built in DACs.To be precise, the Yamahas have their own inbuilt DAC. How its output is then channeled to the power amp is another story, of course. For systems with separates I fully agree that a preamp is superfluous. I don't have one in my system with an RME ADI-2 DAC/preamp and a refurbished Quad 606-2 power amp. But if you are on a tight budget or dislike clutter, getting everything in one box is economical. And as long as you have enough power and the amp has a low output impedance you are fine.
Ever since my test 10 years ago between level matched DACs I haven't considered a DAC to be a bottleneck, so having it not needing a separate box, connectors, power supply and cables is a big saving in pointless BOM to my way of thinking as well as neater.
3 of my 4 systems now use Amps with built in DAC and the fourth an strangely unique device, the Resolution Audio Cantata music centre which is a CD/DAC/preamp but no analogue input but since it is the bedroom system I don't need any analogue inputs and I love its styling