I suppose you might be right when it comes to ultimate available performance. But at the price point of many well-performing vintage DAC's out there... definitely hard to beat for someone who has a moderate budget.
I suppose another perk of a newer DAC is the availability of service and repair...
reliability, I've been through pretty much the whole Theta stack and only had one failure, which was my Gen V-A.
Chroma 396, Prime II-A, Basic III-A all worked perfectly while I had them.
The Gen V-A failure made me say f**k it and bought a Yggdrasil.
shit aint sweet anymore when your $1500 dac has dc offset and goes poof.
Depends on what you call moderate budget. From the dozens of dacs I owned and reviewed, there was not a lot of big jumps as you went up from a few hundred dollars to maybe a grand. After that though things jumped up a bit. I owned some r2r/nos vintage that sounded poor in hindsight.
I guess what I originally meant is that, at prices below Gungnir Multibit/Yggdrasil, there seem to be at least a few vintage options available that outperform many (most?) modern DAC's at respective price points.
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