Well, a major problem with the SPDIF standard is the signal carrier impedance of 75 Ohm. This is not the case with RCA plugs and jacks, that is heavily used in this business, so as with analog signals, this causes reflection due to impedance mismatch. If you can hear this or not is another thing, some say they can, some can't, but i believe that when the difference is measureable - it is objectively - you can hear it. Surely there's error correction, but how well does this work? There's a reason why even different digital sources sound different from each other
