Yes, its a low-fi item and often referred to as the 'poor man's streamer' but so what, i use it for low-fi purposes. Being a 80's aficionado, especially with the Glam and Heavy Metal Genre, YouTube is an important source of music, especially for obscure bands and albums. There is no point spending a couple of hundred thousands on a high end streamer for listening to YouTube music. This low-fi box with a Behringer DEQ 2496 gets the job done for me
. For making it truly DIY, I am also using a salvaged pen-drive board in an external casing as my 'external hard disk'. I maintain this to add a DIY flavour to my rack (its the only DIY box on it).
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To answer your question about LED interference, I have done a lot of experiments with this aspect. Yes I have noticed that LEDs cause interference especially if wired to the same powersupply. I assume that this is because the board itself does not have suitable filtering. I solved the problem by avoiding flashing multi-colour LEDs and also by placing the power LED in the PSU circuit with its ballast resistor, just at the point where the rectified 5 volts comes out from a salvaged smartphone PSU board. The PSU rails then run through a 7805 regulator with filter caps on either side before feeding the mp3 board. The use of a proper antenna also reduces interference. However I dont use this box for FM. That duty is done by my NAD 401 tuner, which wifey uses for FM listening.
Here's a peep inside my DIY box
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I have also accomplished a couple more tricks with this. This board had a bare minimum LCD display without the spectrum analyzer display. A friend of mine gave me a mp3 board which had stopped working. I took out its LCD display and transplanted it into this one, now I have a fancy spectrum analyzer display. I also checked with the friend what had happened to his mp3 board. He told me that he used it with a DIY amplifier wired to a volume POT in an incorrect way, which resulted in shorting the line out wires when he turned the volume down to zero. As a result, the board lights up and all functions work, but no sound comes out of it (obviously the output section may have blown). Using his experience, i introduced a small network on the line output socket to protect my board from short circuit related failures.