Don't overreact, I can read English and the Macworld article hasn't gone beyond my reading skill yet.
You missed the whole point that I was trying to make, not on whether it will have a DAC in the adapter or not, but whether that DAC will be good enough and offer comparative advantage over double amping. If it is a cr*pping sounding DAC that only meant to get by the old accessories owner, then it won't be much of a point, isn't it?
You have hit the main concern exactly! If they have found a way to put a very good sounding DAC circuit in the adapter I think folks will be thrilled. If not, then we are back to the old iPod lineup or some new, lower cost and hopefully very good sounding third party dacs to help us out (when using lightning coupled devices).