There has been much debate over Yggy's balanced and single-ended outputs, with some owners hearing huge differences and others hearing no difference at all. I fall between these two extremes and find that, in my system, both sound excellent, but balanced offers that little bit more body/solidity, impact, and punch. I went further and actually measured the frequency response of the two outputs to see if I this would explain some of what I was hearing, and I think it does, because in my system, the single-ended outputs produce approx -0.4dB less output below 80Hz than the balanced outputs.
Regarding XLR to SE, I haven't tried it but it has been reported by other users that transformers such as the Jensen IsoMax are the least sonically harmful way to convert Yggy's balanced output to single-ended, if you can afford 'em.
I agree, based on my experience using the Jensen Isomax. The caveat is that this requires using an extra cable in the signal path, and this does degrade the sound a little. This is the short balanced cable from the Yggy's balanced outputs to the Isomax transformer's balanced inputs. The quality of this cable is critical. I'm probably not using the very best for this interface, but the 0.5m Pangea Audio Premier works very well.