Hi, not all soundcard will have digital (optical/coax) line out. Certain soundcard will produce better signal quality for (optical/coax) as well so you will really need to be careful.
Yes, digital raw signal (including USB) will bypass the on board DAC and leaves the processing work to any external DAC.
Yes, digital raw signal (including USB) will bypass the on board DAC and leaves the processing work to any external DAC.