You did not explicitly expressed that you were replacing the built-in 5V regulator with an external one!
Surely with over 88% efficiency, Tripath has optimised the design of the circuitary/chip.. I have not come across anyone who uses an external 5VDC supply, so you're the first!
IF it does improve the performance of the chip and the SQ, well good for you!

Waiting for your final verdict/review on such a modification..
QUOTE(sakaic @ Jun 21 2010, 12:35 PM)
No.
I think you get what I meant wrong.
There is a 5V regulator onboard. But I think Its rather weak cos it has to supply quite a few circuits like the digital and analog processing units.
What I did recently was to cut leg 30 off and use 7805 to supply 5V to pin 2 and 8. From the scope there were no more ripples to those pins.
Soundwise, I don't wanna say much cos I was hoping someone else could do a similar mod to verify my results.