Dinny, it's not that the transport sends a 01110010 and the dac gets something else. Obviously we hear a good sound out of the dac, so it's getting the right information. According the the jitter crowd, it's the timing of said bits, as sent from the transport, and along the way, and hence all the talk about clocks and coax, etc. The computer and transport crowd are trying to do the equivalent of adding a heavier flywheel and smoother motor drive to the turntable. Large variations in timing could be interpreted by the listener as the same thing as randomly moving the speaker back and forth, closer and further away from the listener. Because all the digital information for both channels is sent "one after another" in a serial fashion, then small timing errors could also change the stereo image.
Could means I don't know, that's what I have read and studied. From time to time.