If I remember right, the ODAC doesn't use a PCM chip but a ESS one. Feel free to correct me if my info is wrong.
However, the JDS C5D does use a PCM5102A chip and a SA9027 controller. The implementation on the Element is probably different compared to the C5D since space is no longer a big consideration.
While I know that both the ODAC and Element both measures to the point of being transparent, I'm still curious for anyone's input on how different they sound audibly, if at all.
@jseaber I saw on the blog that someone commented the RCA jacks can be configured for BOTH analog in and digital out. I thought all along that it's one or the other, not both functions. Can you clarify? Thanks.