Sample rate conversion with transcode

Hello.

I have several flac-files in studio master quality at 96 or 88.2 kHz and a bit depth of 24 Bits.
To play them I have to start my PC and use foobar (e.g.) with an ASIO-Driver for my soundcard and a toslink cable connected to my D/A-Converter.

It would be nice to play them over my Soundbridge M2000 too.
So I installed transcode on my NSLU2 and tested to use the package ‘transcode’ to do a sampling rate conversion on these files.

In the first step I tried a command line like that:

/opt/bin/flac --silent --decode --stdout "abc.flac" | transcode -E 44100,16 - y stdout | /opt/bin/wavstreamer

That causes some problems:
1. The NSLU2 package transcode is not compiled to use the stdout-module
2. transcode seems not to read from stdin

Is there a solution to use transcode or an other command line tool to do
a sample rate conversion on the fly?

I am only speaking of a conversion from 96 to 48 kHz or from 88.2 to 44.1 kHz!
This should be a simple task, just drop every second sample.