I am not going to try and get you off the AP brand but that specific model in the range has a boat load of analog and digital inputs and stuff like pre-outs, hdmi arc etc
If your system is basically streamer -> internal DAC->internal amp->speakers then you are buying/paying for a lot of "stuff" you may never need/use.. so maybe there is a cheaper (but still quality) model in the AP range that has the needed watts?
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In regard to your question, the minidsp flex comes in a digital in/digital out model so you would stick this between the streamer SPDIF out and the AP spdif in.
It comes with or without Dirac. Without Dirac you use the minidsp's own software to do the DSP but some people say Dirac is the way to go.
Maybe you could see if they would sell you without, try it then if needed get the Dirac license later.
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