Don't take this the wrong way but......................................

You have them both now and, therefore, you are the best one to decide which is better.

Kal Rubinson wrote:

Don't take this the wrong way but......................................

You have them both now and, therefore, you are the best one to decide which is better.

+1

Best way to find out is to give each configuration a listen. You don't have to invest any money just a little of your time to listen.

Most quality external DACs will have better conversion circuitry than found in most televisions.

But there are other factors that can be in play. Still it pretty much comes down to the relative strengths of your specific components (TV vs. DAC), neither of which I have heard. With my own TV and DAC it was a fairly easy choice. Optical out of the Sony XBR4 into the Grace m903.