FEZ Panda and quality stereo audio output?

Guys, just checking what are my options to get decent 16 bit stereo audio output from my panda?

I also saw this page:

Wondering what would take to get decent audio from this idea.

Can NET. C# handle a CODEC or DAC for decent audio output?

Thanks. WilliamK

The MP3 shield gives a very very good audio quality