All that said - I would still place a sensible DAC between my digital sources and good speakers.
Agreed!
And as B&O speakers have built-in amplifiers, that decision is a no-brainer.
Yes and No!
For sure there are differences between the DAC chips - but the largest differences in sound still happen in analogue output stage
of the converters where "old fashioned virtues" like stable & clean powersupply count ...