I found that the hardware SRC was inferior to alsa's linear SRC which was inferior to mplayer's default SRC which was inferior to mplayer's resample fitler which was inferior to mplayer's lavcresample filter, which was still inferior to using an old Hollywood+ dvd decoder card purely for it's dolby certified SPDIF port.  ...
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as
ID Status Resolution▲ Sev Product▲ Comp Assignee▲ Reporter Summary
14240 CLOS FIXE min Sisyphus slmodemd lakostis ildar ALSA PORT autodetection
14241 CLOS FIXE maj Sisyphus slmodemd lakostis ildar doesn't work with Si3054 Modem
4206 CLOS FIXE nor Sisyphus slmodemd week rider Сборка с поддержкой ALSA
6066 CLOS WONT enh Sisyphus slmodemd nobody svd Update initscript: use separate file for options
8456 CLOS WONT nor Sisyphus slmodemd nobody u2u slmodemd patches and improvements
8913 CLOS WONT nor Sisyphus slmodemd nobody migor Always NO DIAL from modem

File a new bug in the "slmodemd" component of the "Sisyphus" product