There are no mysteries in
Wrong.
1/ CD being played is on the fly conversion (live conversions where everything from hardware level to the software being used will matters). Therefore, different CD players will sound different and performances are not the same. An example is timing errors
2/ Ripped CD is depend on the software that is being used, the method of extracting the files. Once it is recorded as a FLAC files, whatever lost information remain lost forever, and whatever additional errors happen will remain forever on that file. Unless that CD is being ripped by a better methods. This is where software is more essential than hardware.
There are additional. Live conversion from digital music, be it DSD or PCM, they are being processed on the fly (in real time). Therefore, all of the supportive things will affect it differently. Including cables Characteristic impedance, interface, IC, clock....etc...etc....the only differences here is that if you were to use Offline conversions on your PCM or DSD (assuming you have perfected software and algorithm for the best performances), then your Files are the best it can be. The DAC will process the best information available in PCM and supposedly will perform the best result. The same as DSD Native, but slight differences is that the DAC don’t decode anymore but bypass into analog sections.
I am not sure how Pulse Arrays works in Chord products. But from what I have been reading, it is a system where it rely much on the DSP of Chord design, and minimize Timing errors, and this applies toward other designs such as Upscaling-Downscaling (44.1 or DSD) in the goal to achieve the best specifications of the files, and then feed PCM into Chord own DAC pulse arrays to output the best possible result (under Chord engineering and developments)
To answer your question. Once the PCM is recorded, whatever errors or lost info will remain. There is no way to see in the pass what had been lost. Whatever you are doing on this current file is just taking the best of it as possible. Therefore, In a sense, if you wanted the best possible, you have to get a Blue CD players to rip your file or to play live into M-Scaler.
Thanks for your reply - it does make sense