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I going to start with, I am no sound expert, not even by a long shot. However, music from streaming services is encoded digitally, transmitted digitally and then decoded into analog signals once it reaches its final destination device (phone, tablet, AV unit, TV, etc.). So how exactly does this do anything for that digital signal in transport? Seems like it would have little effect me based on what I know, but maybe someone can enlighten me.
For a.) to work it would have to have the certificate to decode TLS traffic before it got to the host device (All the streaming services I'm aware of these days are not steaming over "plan text" protocols) . If it can do that, you don't want this thing in your house as it becomes the perfect place to steal anything you want from the devices connected to it 😉
Listening to streaming services on that kind of setup seems a bit backwards.. lol. Every streaming platform slaps a limiter on every track to somewhat normalize volume, flattening the dynamics in general. You can often here a distinct difference in depth comparing a quality file on your hard drive to the streamed version, assuming the master wasn't already sausaged. Unless you have more money than you know what to do with this seems like a pointless way to spend it.