I don't believe Bruce has the r2r PCM module yet Blizz - this is very new indeed.
We have been discussing the virtues of hqplayer upsampling for absolutely ages and ages - done to death in fact. I will be testing r2r PCM implementation versus dsd upsampling this weekend. I don't think it will be black and white since the quality of the computer transport will ultimately influence the end result. My laptop can't reliably quad upsample PCM in hqplayer but can in foobar. I will be testing laptop via ifi iusb or Regen dsd upsampled versus PCM r2r.
Blizz - What PC are you using btw?