Dunno... Buying the best DAC you can afford -- Schiit has a good range -- and driving it from a basic but solid streamer (I use an iFi Zen Stream for my dac2541) gives you a lot more flexibility and I suspect quality/$. Well-regarded streamer/DACs start well above Zen Stream+BF 2/64 and easily go much higher than Yggdrasil+. I'm skeptical of audible streamer benefits above the Zen Stream's price if the DAC is current and well-engineered (which Schiit's DACs are).
I agree with you
@earnmyturns
It has been my experience that transducers are the single most important part of the signal chain.
Jason has previously suggested that this is the place where a significant proportion of the overall system’s budget should be spent.
From my very first ‘Hi Fi’ system in the 70s I have always bought the ‘best’ speakers I could afford.
In my very first vinyl system, which just comprised Turntable, integrated amp and speakers, the speakers were about 60% of the total cost.
I think that proportion is even higher in my current system..
They are ‘active’ speakers though, so their high cost does include 3x Class AB power amps per channel.
For digital playback, I have found that the DAC (unsurprisingly) is absolutely critical.
When I first heard an original Yggy about 7 years ago, it was the best DAC I had ever heard, having tried several, so I bought one.
I also tried several streamers, including some very expensive ones, but ended up returning them all and sticking with an old streamer which sounded just as good, on a very revealing system.
Excluding power amps ( as I don’t use them) my very simplistic hierachy of the importance of components in a digital playback system, based on my experience is:
Speakers
DAC
Preamp
Source
Obviously any system is only as good as its weakest link, so care is always needed with matching and component synergy.
For many years, I ran my system without a preamp, using the Yggy OG A2 balanced outputs, direct to active speakers.
The output stage of Yggy A2 must be superb, as it sounded even better than with a Freya S in the signal chain.
We are talking very small differences, but until I needed a preamp ( for multiple sources and a volume control), my preference was no preamp.