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"a presentation, I should repeat, that requires no special equipment or decoding: Any two-channel DAC and headphone amp and pair of headphones will do."
So I can't listen to it through speakers? Sheesh. If it can go through 2-channel headphones, why not speakers? I gave up headphone listening a while back to preserve my hearing, and now listen only to speakers. Headphones are "special equipment" to me.
My own opinion is that if it's good music it'll probably work on 2-channel stereo through speakers. I don't need anything else.