This thread seems to have run a bit off course... I understand the HDV820 is likely not the best value, but in the end it´s all very relative. For example here in Finland the resale values of Schiit gear are pretty poor (and aren´t accepted as trade items in many places) plus obviously the distribution or prices are not on the same level as for people from US on these forums. That´s just the price you pay for having a smaller scene, large brand stuff is often a better investment in the long term. Sennheiser gear like the HDV820 and HDV800 on the other hand are extremely easy to sell with a good price, not to mention they have (among solid state gear) very good synergy with their own headphones. I´ve A/B:t it against the Mojo, OPPO, Meridian Prime, Lehmann Linear & Benchmark DAC-3 and at least against those it was the winner. Unfortunately I haven´t had the opportunity to try any high end Schiit gear as they are nowhere to be seen here. Objectively though, sure a lot of the price of this thing is definitely due to the fact it´s the "official high end HD 800 S companion", but if you have previous large brand stuff that´s easy to sell you can get a good trade in deal from most stores here (my guess: dealer margins are pretty good for the HDV820). That´s what I just did so I´m now in the HDV820 club. Not going to make any first impressions yet as I´ve been listening to it for literally 30 minutes now. I´ll mostly be using it with the new HD 660 S ince it´s released (and until that my trusty HD 600). What I can say is that it looks cheaper/less flashy than the previous version, but I guess they are going for a "disappears from your desk" look this time. It doesn´t come with a fancy box either, just a cardboard box with the manual. As for the new pentaconn connections, if the rumors are true both IE 800 S and HD 660 S will be including one of these cables so it seems to be the connector of choice for Sennheiser in the future. If that´s a good idea I have no idea. And yes, I am a Sennheiser fan... Always have been. There is a certain level of perhaps blind trust I place in their products that I don´t do for any other headphone company. This may be misguided, they need to do something a lot worse than the HD 700 for them to lose that. EDIT: also what finally pushed me towards the HDV820 is that the back 3-pin XLR are finally preamp outputs for active monitors. This is the reason I sold my HDV800 a long time ago. Unfortunately there is no automatic shutdown when headphones are connected, but it´s no big deal to shut down my desktop Genelecs when I´m using the headphone outputs.