Does it compete with $10k DACs. ? I don't know the answer to that but it definitely has a unique presentation. So many songs that were tough to listen to are a lot better with this DAC, it's smooth and very forgiving to poor recordings. It has a great bottom end, drums and bass guitar have real delineation and texture .
With great recordings it sounds fantastic. Sounds "bigger" than the DAC it replaced . Imaging goes way beyond the speaker boxes. This DAC is a good example of something that measures worse than the DAC it replaced but for whatever reason sounds much better.