yes and no, it's depends on features of your dac because usb implementation on pi is not ideal and you will be using alsa as means to output sounds. if your dac like mine natively supports asio you will never get asio like latency performance from pi, so expect increase in jitter\distortion. depending on your setup you may actually hear jitter compared to foobar with asio but honestly i don't hear any real difference compared to my windows machine. also, if your dac draws power directly from usb you should use usb powered hub because pi might have not enough juice on it's own
If you're planning on building high-end system or something with more features\power but want it to be compact you should look into intel nuc system.
My laptops distortion is quite high and I don't think that it's something I could put up with so I'll have to see if it's capable. I wasn't really planning a high end system but I'll keep the NUC in mind for the future, cheers.
I've had no problems at all with the E17 and the Pi (procedure described in the post which Soul_Est linked to above).
I did have problems when I used my old EMU 0202 USB DAC (clicking and eventual boot problems), but it turns out the EMU was on its last legs. I've no reason to think other people would have the same issues.
That's good to hear, I installed Linux Mint on a partition on my laptop as Windows was prioritising everything over USB audio it seemed and so it was making tons of clicking and popping noises. Unfortunately it's still a bit distorted so if the Pi works well with a DAC then that's great news!
ShiftyFella hit the nail on the head with their answer there. The biggest issue and the one that would be the source of the jitter/latency is the fact that it only has lines for only one USB port coming from the BCM2835 SoC that powers it. Those lines are then fed into a separate chip that provides lines for one 10/100 FastEthernet port and two USB ports. That's a lot data to try and put over one USB port.
I'm afraid the 10/100 part is lost on me but I understand the rest. I hope it's capable enough as I'm really fed up with my laptops USB audio.