Yes
In this way:
Put it at 320 kb/s in an external usb hard disk
Connect it at an teac wap 5000 as usb toslink adapter and then to an external quality dac
I use an harmony design costing 700 euro
I use a pre harmony da9 harmony design with a valve kt 88 amplifier and a pair of audes excellence 5

You will change any bad opinion about MP3