As someone who did a bunch of (easy) DIY amp projects, and an owner of predominantly Balanced Gear, I have a perspective, and some explaining.
Balanced cables are more resistant to outside interference, and are commonly used on longer runs in the pro audio area. Still a solid choice in HiFi for the same reasons, less noise from the cable.
A single ended ādeviceā has a signal and a ground, going from input to output.
A balanced ādeviceā has a (+) signal, a (-) signal, and a ground. The ādeviceā has double the circuitry, one side to handle the positive, and the other to handle the negative.
Most single balanced to single ended converter cables simply either ground the (-) signal to ground, or āfloatā it by leaving it unconnected.
A better converter is either a transformer, or circuitry, that sums the signal from the balanced to create a better single ended output.
Not sure whatās in the MSB converter (thatās their proprietary info), but Iām sure it will work better with the MSB DACs than simply shorting out one of output signals.
So I am in the get a pair of XLR cables, a pair of RCA cables, and a pair of their XLR/ RCA adapters, camp. If you want the best.
I limited my pre-amp choices to those having at least a pair of balanced inputs, and a pair of balanced outputs (second output to headphone amp). In the past I made several single ended Firstwatt clones. I used a transformer converter to run those amps from my balanced pre-amp output.
I hope I helped your understanding of the choices you are facing.