Many thanks for the guide Bleak, everything is very simple and to the point. Also many thanks to Maiko for a truly exceptional plugin!
I'd just like to add that people need to restart winamp once they have added the .dll file to winamps plugin folder. Otherwise it won't show up. This should be obvious though.
I also experienced the 0.1ms skip that at first seemingly occurred at any time during playback. One user here mentioned that he fixed this issue by setting his Power Options in Windows to "High Performance". However, I already had my power options set to high performance and I was still experiencing the issue.
I think I may have found the source of the problem in my case. I downloaded a sample 24bit 92KHz file from http://01688cb.netsolhost.com/samplerdownload/ . Specifically the file (LiadovPrevin.flac)
After listening to it a few times, I noticed it skips every time at 2:23. Leading me to conclude it's the files fault and not the plugin.
When using Exclusive Mode, I have found another issue with sudden noise interruptions. It seems to be that any default Windows sound notification, such as clicking on a folder and opening it, interrupts the audio flow with a quick burst of noise/static.
A great example of this is on the Control Panel on Windows 7. Simply open it up and click on any of the browse arrows and you will hear the noise pop up and interfere with the stream.
To fix the issue I disabled all Windows sound notifications:
1. Right click on your speaker icon
2. Select "Playback Devices"
3. Select the "Sounds" tab
4. Select the "No Sounds" sound scheme in the drop down menu
For reference, I'm using an ASUS Essence STX with the unified drivers.
Now lets sit back and enjoy the crystal clear audio