Thanks for the quick reply. I think I am about 80% of the way there, understanding wise.
I can see the issues that could arise when, like me, you are controlling the casting process on a tablet, but when the music files are elsewhere on the local system (an NAS, another computer, etc.). But I can't fully understand how there would be any issues when casting files that actually are in residence on the tablet. They after all have to be grabbed by the player and sent along by WiFi to the Chromecast Audio device whether there is DSP added via a tablet app or not.
In my case I've got about 100GB of audio files on the tablet in question linked for updating to Dropbox. In my now 48 hours of Chromecast Audio experience casting maximum quality mp3 files from the tablet to the CA device works flawlessly (hint: you have to change the default mp3 settings in the Chromecast app to the maximum). It does not seem to drain the battery quickly. Certainly the battery demands are less than when playing the same files from the tablet directly into insensitive earphones. So unless I am missing something adding and equalizer to play same device files shouldn't be any burden at all.
Have I got something wrong here?