Kernel streaming versus WASIO

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I have recently bought the excellent HIFACE device (tweaked up by John Kenny with battery PS and USB cable). This is used with Foobar/Vista. Can somebody kindly explain :

The differnece (if any) between KS output and WASIO ?? What is the best to use ?? DAC is strictly 16/44.1 so is there any advantage to using higher bitrates ?? Is there an optimum way of setting up Foobar/Vista to take full advantage of the HIFACE ??
Thanks for your expert input
 
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