On the contrary, I have both SB16's and PAS16's, both of which have their own analog amplification which suffers from the same problem--low-quality, incorrect capacitors. It's probably time for an upgrade to a slightly better quality 3.5mm stereo jack as well. I don't see how upgrading the components, which allows you to only more clearly hear the quality of each manufacturers tech a compromise of authenticity. I know in the musical instrument world we often leave old, specific style capacitors or resistors in the signal paths to recreate a sound that a particular guitar player or bass player had, but this is of no interest to me when it comes to sound cards.
I would rather hear what DoomII or TIe Fighter should have sounded like had they been played through high-quality components, and not inferior components which resulted in high distortion, etc.
As far as digital output, to me this would essentially make the cards useless. We weren't using digital output back then--only SPK OUT or LINE OUT. Call me crazy, but I get a kick out of restoring old stuff, and improving what they did back then with newly improved tech is only more fascinating to me.
Whether or not both cards will sound the same after being updated, I don't think this is as likely as you may feel. For instance, in the amplification stages of each card they use differen't topology. One card may have used a TEA2025B and filtered the output with 470uF capacitors, which is what the OpAmp called for, but I"ve seen other cards in which the manufacturer decided to use 1000uF filter caps, which is going to increase low-frequency output while harming high-frequency output so both cards will still have a distinct sound, but without much of the distortion the cards originally had. And this will allow them to better control the drivers in those old sets of passive (non-powered) PC speakers that many of us had back in the day.
Both SB16's and PAS16's use totally different analog topology so even with the best components they will not sound the same. Their processors outputting the same sound files from games may sound very alike so that when exiting their Line-Out ports you may have trouble differentiating, unless you are playing MIDI's.
Anyway, call me crazy, but I just find it fun. Now, I'm going to have to find some old sets of PC speakers from yesteryear.