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Pretty much yeah.
And because I have good audio locally on Plex but wish to play and cast to my stereo from my phone.
If I leave everything as source quality and have a high quality Bluetooth DAC I can achieve this.
I want better than Chromecast audio, and yet can be used as an external speaker to home automation stuff for low quality party music.
What is it? A posh BT receiver to plug into non-BT kit?
My question would be - if you have posh audio kit, why are you sending source material over BT instead of cable. Mmm cables... #oldguytechftw