toslink mod to monica2?

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I am planning on beginning my diy career with the monica2 dac. My cdp only has a toslink digital out and the monica2 design only provides for a coax input. I have searched the web (and this site) for a toslink to coax schematic and came upon the following http://www.dddac.de/files/dddac1543ver22.pdf. Although the dac in that site looks a bit ambitious for my first effort, can I simply attach a toslink recepter in the manner shown to the monica design? Here is a link to the monica schematic: http://www.diyparadise.com/dacs.html
Has anybody modified monica for toslink?
Thanks for your help,
Jazzzman
 
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