Most all these USB-S/PDIF converters (including the Bel Canto one) are more or less the same; and will eat out your budget with diminishing returns; low-mid-fi sound is almost guaranteed.
Without the computer being slaved to the DAC (via async USB or firewire), without a dedicated, regulated power supply and transformer output, you're not solving the problem of PC transports' noise and jitter at all. Also, I2S is no panacea - it's not meant to be running cms through CAT5, it's meant to be mm used internally within CDPs.
O/P, your budget allows you to get standalone DACs that solve the problem of PC audio at the same time as being great sounding units in their own right - look at the big picture. Run-of-the-mill converters and separate DACs are very much less than the sum of their parts, and still don't address the real causes as to why most PC systems can't match high-end one box players. It's not just a case of throwing money at the box and using a band-aid transport. There are good transports out there, but they're very expensive and cost more than the integrated solutions found in higher-end DACs which you can afford, so why not just skip all the transport headache and get something that does the interface right in the first place?