you and Rem0o are correct, sorry
it's a semi passthrough i guess LOL. your PCM DAC will still be plugged into the computer to receive input, that's the part i wasn't getting, but you can "pass" the DAC output signal through the Loki to get access to the push button thing rather than using software to switch, which is the part that confounded me. i guess it makes sense for those of us that have one input on our amps.
my bad, in fairness it's a confusing little box....
Haha yeah, when I first saw the announcement on John darko's page I was a bit confused, had to go read and look at pictures at the schiit site to get it figured out