A to D: Are those cheap analogue to digital converter boxes any good?

You know the ones, very small boxes with RCA input and digital coax and/or optical output? Anyone tried one? For twenty quid it's tempting as a stop-gap whilst I wait for a better solution to playing vinyl through my MDAC... but if they're likely to sound awful I might pass... then again, maybe they'll sound good, or good enough perhaps? Anyone?

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