nanook
Addicted to Fun and Learning
That's one of the the key points for me. I rather have a standard USB wall-wart and some DC/DC converters in the unit.It also means that if the SMPS fails it can be replaced easily and cheaply.
There are a couple of tiny DC/DC converters making 3.3V, 1.8V etc. locally anyways. So why not generate the +/-12V (or +/-15V) for the I/V-stage and output stages inside the unit as well. We're talking about a few 10mA only.
The WiiM Pro (Plus) follows this concept. The only power supply is a decent quality USB Wall-wart.
Many units having the PS internally have the audio ground connected to PE (for safety reasons I guess) - another chance to build a ground-loop and experience hum.