Originally posted by moodz
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Research whether the subsystem you need has already been developed and is available for use, perhaps in another field. Make an honest assessment of whether you think you capable of improving it, if not use it as is. In other words, don't waste time reinventing the wheel.
Other than that my only point was that your 5th step is going to frequently send you all the way back to your 3rd step. Time is by far the biggest investment in this sort of development. So if you can avoid some of these cycles by starting with suitable quality components then even if you do spend a little more than strictly necessary on the bits, your still be well ahead. If you achieve the performance your after and start thinking about production then you can start thinking about economizing on components.
THe WM8788 is indeed a surprisingly cheap performer. I'm a little suspicious of how the datasheet is written though. Nothing is specified at its full data rate or pre-low-pass-filter.
Oh and I said a better motorbike...a moped is never going to be better than an R1.
( commercial schematic or user submitted ) ... happy to be proved wrong here.

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