I am wondering if there is some synergy or other thing going on? It would be good to try your 2 chains plugged into different DACs to know for sure IMO. No disrespect, but a higher end DAC or different designed DAC may do different things or react differently. It may throw up a different presentation?
For example I don't do up sampling s I am on R-2R Redbook, so any gains / losses using HQPlayer is taken of the menu, so in my case it may be simpler to know what is going on?
In my DAC fed via SPDIF or AES I always noticed a 'slighty' lower level of detail in loosing my USB chain to AOIP. But on flicking back and forth it was a treble rasp or clinical edge that seemed like more detail. It was ultimately a false friend in my system. The AOIP has it all there, but it is smoother so a more cohesive part of the whole music, less hifi, more real. Maybe bit less impressive in a short demo but a keeper in the home, it just fits better and looses any fatigue or reminder it is digital.
Fascinating subject.
Well I have tried it with the $6500 APL NWOjr DAC - six 32-bit AKM D-S DACs per channel, Lunduhl transformer coupling, E99CC class A tube output, specially designed discrete SPDIF receiver, LPS, etc...
Note Srajan's direct comparison to the Zanden 5000 Mk II NOS (non-oversampling) DAC and preference for the APL http://www.6moons.com/audioreviews/aplhifi/nwo30go.html
And the amazing DAC60 using R2R PCM1704U-K top spec DAC's, independent Lite R-Core transformers (one for Digital and one for Analog), 6922 SRPP (similar your AN) true tube output stage (with the amazing Russian totl HG '75 silver NOS tubes), Mundorf Supreme Silver/Gold/Oil caps, Hammond choke PS filter, upgraded Mundorf M'Lytic PS caps, Elna Simlic II and Nichicon Fine Gold PS caps, Mundorf solid silver wiring/teflon etc...
Beside the modded LPS BURL B2B DAC (which I have sold to my friend).
Right now the Ultra USB chain and the heavily modded DAC60 are my reference.

http://www.head-fi.org/t/740362/lite-dac60-pcm1704-r2r-tubed-dac-mod-project
I would put this DAC up against your Audio Note any day. No disrespect - but I do remember debating you many pages ago about the superiority of the Rednet AOIP over your EVO stack. See how that turned out...just sayn'
Having owned and tweeked my EVO many years ago, I had little doubt the AOIP RN would 'crush it' - I believe that was what I posted back a few months ago. And you have not heard the Rednet with the Mutec MC-3+ USB as reclocker or with a OXCO Wclock - both giving the RN a better SQ.
This ultra USB is in a whole other orbit from the EVO US stack you had. But it takes extreme measures to get there - like three separate LPS's to start. Not saying this path is for everyone - or anyone else for that matter. Just reporting what I'm hearing, with the perspective of a very deep experience with both chains.
Not to knock AOIP or the Rednet gear - it is great. As I have said many times before in my 5706 posts on Headfi. Just because something else comes along that someone else prefers, doesn't instantaneously make what you have sound worse. The good news is the level of SQ achievable from computer audio has not hit it's limit.
If I have one comment regarding this ProAudio gear (Rednet, Mutec, Antelope) is get rid of those awful SMPS's.