So I've been looking into this a bit.
It looks like the DAC's even on the fatal1ty card (elite is even better), if you can believe the CL hype, are better than alot of mid range 7.1 surround reciever DAC's anyhow. This means: why not just pass it to your AV reciever/preamp via line level analog signals? I found a decent looking Yamaha with 8 channel analog input and 8 channel preamp outputs, and about a million other digital and analog I/O's for like $330 at some etailers. So what I'm saying is if you can keep the noise out of the lines the analog outs may not be a bad way to go if you don't have a $3000+ 7.1 preamp. Even if you do have that expensive preamp I don't see any evidence yopu will get to decode digital from this line of soundcards anyway.
The question that still remains in my mind is the drivers. I have been burned to a crisp in the past by crap CL drivers.
I'm halfway tempted but I repeat I am having a hell of a time forgetting bout my past experiences and when I swore to myself "never again CL, you dirty bastards".