A motherboard, per se, does not bother about this as it expects to transmit and receive only digital 'data'. The parts of a MB is thus optimised for speed and cost. A sound chip in a MB has to work within this restrictive environment.
Let me put this even more simply: There is
no difference in function between the "sound card" built into you mother board and anything that you fit into a PCI slot. However, consider the cost of your whole motherboard may be less than your add-in card: there is a
big difference in the price of the sound components!
We hope, at least, that this
does translate into a difference in quality!
I don't think I believe in a "noisy digital signal". A digital signal can have errors, but how can it have
noise? Digital signal errors can de detected, even corrected: analogue noise cannot: it is just part of the sound!
Well, ok, this can be argued at an academic level. You can hear the noise that your soundcard produces by recording with no input.
Well, when I say "hear" --- if you
could, without considerable amplification, then throw that card away (try one of those old, original soundblaster cards and you would!) Just... if you are being really fussy about your SNR, you can subtract that sound from a digital recording. I think the Cool Edit Pro manual suggest that this may win you an extra decibel or two of SNR.
It is perfectly true that the inside of a PC cabinet is a mess of electrical noise. It
might be true that this translates into a a lower SNR on the analogue outs of your sound card. However, to say that it does and will, and spend money on an external DAC without even trying it, is just giving in to the people who market DACs!
All I'm against is the attitude, "ignore those analogue outs, because they won't be any good."
Try them first! It is quite possible that the fans in your PC are adding more noise to your listening experience than your sound card is!
If the external DAC is a central part of a multiple-digital-source setup ... that is a different thing, and the PC becomes something that you just don't need anything but digital signal from.