I've been attempting to use the ADAU1761 chip, just using I2S audio stream generated by the PL section.
After a bit of playing I've at least got a 440Hz tone out of one channel of the headphones, so I'm slowly getting there.
I'm working towards at least a I2S loopback for playing with digital filters (e.g. Line In -> I2S -> PL -> I2S -> Line Out + Headphones).
Anyhow, in the spirit of release early, release often you can find the source at http://hamsterworks.co.nz/mediawiki/index.php/Zedboard_Audio