Perhaps Steve may consider using an ASRC like the one I suggested in the synchro-mesh thread? Considering the per unit (chip) costs are the same and there is >30dB to be had, it may be a good idea.
There could be a case for his synchro-mesh unit, one where audiophiles own older, previously high performing, expensive 32-48KHz standalone 16-18 bit D/As from the RBCD transport/dac era. I can see there may be justification to consider such a device in that situation and I think that should be considered perhaps before a wholesale dismissal.
A poor design decision was made at the time to make the source the master and embed the sample timing within the data stream.
It should be mentioned and corrected in this context, that Sony, from their
very first separate transport/ D/A converter, the CDP-1/DAS-R1, recognized the issue with the possible future use of external D/A converters and designed a synchronized (clock sent to DAC and slaved) connection to the D/A converter. It's certainly not a 'poor design decision'.
See picture below:
Twin PLLs used by other manufacturers, along with much improved transports, FIFO buffering and more robust CIRC implementations meant 'slaved' connections were deemed unnecessary.
What the originators could not foresee, was the endless, and in my opinion, futile obsession with ever increasing sample rates and bit depths.