Hmmmm. I've been thinking about modding the X-Fi, but I won't have the time for quite awhile. Also, I have a distaste for doing an upgrade without the possibility of A/B testing -- I'm paranoid about the placebo effect.
It surprises me that that you prefer the AD to the CS. Isn't the CS supposed to be the higher-optioned model?
@infinite: I thought the major advantage to an external DAC was that it eliminates the EM noise and PSU ripple, so even with a similar DAC external is better? My X-Fi sits three slots under a video card that burns 200 watts, in a rig with a heavily overclocked chip, so I'm guessing the X-Fi isn't exactly in the best environment ATM.
I've also been thinking about an EMU 0404 USB, but seeing as how I've already got what I think to be a competent AMP (Xiangsheng 708B with NOS tubes) I'm not sure I need it. Besides, the thought of having to deal with driver conflicts make me go all weak in the knees.