The problem is that with the current implementations of I2S as soon as you use a cable (longer than 2 inches let's say) it becomes worse than a well implemented USB. There is only one high-end I2S PCIe card currently on the market that I am aware of, manufactured by PinkFaun that is using an outdated, unsupported, old chip that has a lot of limitations and underdeveloped driver that's incompatible with certain CPUs.
I've used that PinkFaun i2S bridge with their top ultraOCXO clock for years. Both (the clock and the card) were powered up by two separate top level linear power supplies. It gets you better than the average implemented USB. It did a very good job for me at the time. I was swearing that this is the best we can get out of digital.
This was also the time when my vinyl rig sounded way better than digital, and I would be in heaven if I found an extremely well recorded file that got me remotely close to my vinyl experience.
Nothing wrong with that pinkFaun solution, though - it has a very good performance for its price and is very enjoyable. What I did not realize at the time was that the top end of that performance spectrum ends way below what is being discuss here in this thread.
Let me clarify what I mean by that...
A well implemented USB like the Taiko USB card - Taiko USB driver - driven by XDMS-NSM to a JLSounds USB to I2S interface on the DAC, gets you much further than I2S. It's on a completely different level than the most you can squeeze out of the maxed out pinkFaun I2S implementation. And it's already better than my vinyl.
Taiko is pushing the boundaries well beyond that with XDMI, BPS, custom interface, custom firmware/drivers/software, and it seems like the new solution is much better than even the best implemented USB. Can't wait to hear that.
I don't expect XDMI to end on the Olympus server with a module to do I2S ( LVDS or similar ) over one of the commonly used cables such as HDMI or RJ45 ethernet. At least not in the traditional ways done today. That would ruin the entire concept. Manufacturers wanting to use I2S will have to use the newly developed I/O modules on the Olympus I/O to host XDMI inside the DAC. That won't be exactly cheap.
Or alternatively, Taiko will have to develop another interface to transparently transport the XDMI digital output to DACs - no doubts that can happen.
In any way, IMHO the current I2S standards are irrelevant and outdated if you want to have top class digital experience (they were already outperformed by a well implemented USB). Even if Taiko did what pinkFaun did - create different I2S modules for different DACs, we will most likely find out that none of these DACs can compete with the and analog output of XDMI. And those I2S modules won't be very popular and probably a waste of time/money/resources. That's just an educated guess extrapolating from what I know about the new technology and my experience tweaking digital systems, since I have not listened to XDMI yet. In other words, I am making big assumptions, but I am convinced I am right

. So convinced that I have placed my order for an Olympus XDMI.