The single most expensive item is the power supply. My reading suggests that the main problem with the Pi/DAC combo is the Pi's power supply. The solution is to use a better linear power supply to power the DAC separately and these aren't cheap, not because there aren't plenty around the £20 mark, but because most are so noisy that they're little better than the USB power on the Pi.
The point is that once I start adding in the different parts (and I've looked at dozens of different supplies, DACs, screens, cases, etc etc) and add to that the unknowns such as having to mod the DAC to power it separately which involves buying additional components, I wonder whether I really want to head north of £250-£300 when it may not even improve on the headphone out from a laptop.
A couple of years ago when I had that unusual event, a party, I set up some sound which was a half-OK amp and speakers with the headphone jack from a laptop as the source. I made a Spotify playlist called 'Now I am 60' on the 'Fuck you, I like it' principle. I was very disappointed by the sound quality. This Christmas, I played it again with the same system and my current laptop. It was OK but not brilliant. Then somebody gave me a Cyrus Soundkey, a USB DAC. I connected this to the laptop and then to the amp. The difference was enormous. It went from OK to sounding like a proper source component, up there with a separate CD player.
This might all be a bit wishy washy for some tastes: a bit too close to the multi-thousand-pound speaker cables and carbon-fibre mains plugs. Well, fine. I'm not after that. I just want a box that has the flexibility to play spotify, some kind of music player, and maybe even get at my wife's iTunes library. Somewhere I can dump flacs of CDs. And I want it to sound a bit better than OK.
Edit: Yes, I have tried Kodi and a Pi as a source (well, it was XBMC when I tried it) and yes, it's a good media player and the overall sound wasn't bad.
EDITED: 1 Feb 2019 10:39 by WILLIAMA