After hours of systematic testing it turns out that the occasional subtle electric pop noise in the right-hand channel of the M Scaler is coming
from the power socket (even though there was a power conditioner in the chain). When I moved the complete system to another room in another level I could not here the issue for half an hour. Now everything is back in the original room but the power comes from another power socket from the opposite side of the room. Sometimes I still get something similar from this socket but it's very subtle now, almost acceptable. (I guess I will need to look into better power conditioners or alternate power sources someday but it's not urgent.)
(My best guess is that the noise may be caused by the heating/hot water system which is nearby, especially to the original power socket. Since it's a hot Monday, with not many people in the house, it didn't fire too often today which made the testing much harder for me: after listening to a couple of tracks I incorrectly thought that the noise was gone just before it reappared again. Very frustrating.)
Additionally, the sound quality seem to have improved since the WAVE cables are installed. Of course, it's hard to tell now what is causing the change, the cables or the power socket change. But listening to my favorite albums I definitely feel closer to the music. I can hardly do anything else tonight, lost completely in listening.
Feeling so grateful towards musicians and gear makers tonight.
Thanks to everyone who recommended the WAVE cables and to Nick who made them! The system is finally in a good shape. (The next time I feel like spending several hours on testing again I may do a comparision between the stock cables and the WAVE ones.)