Hi @jimboman. Thanks for the kind words. I have an Audionet Amp heading to me to try replacing the Hegel, but it already sounds pretty great as is.
I am running Roon on a Sonicorbiter i9 optical server and going through fiber to the OM. I can upsample to NDSD and feed that without PCM conversion to the M3. I think native resolution vs DSD upsampling are pretty close in sound quality, but I have a preference for the slight sound improvement with the NDSD signal path on the M3. I know at least one other person here that prefers native with no upsampling so it is best to try it for yourself and decide. I do think bass is a little more prominent/full without upsampling, so it depends on whether that is something you prioritize.
Many times I have tried something in my system hoping for an improvement and end up disappointed by the change or lack of change. As for the Mundorf, I wasn't expecting too much from this cable. I was pleasantly surprised to hear a small but clearly noticeable improvement in ease (lower noise?), resolution and dynamics with this cable. Importantly, this is with the LPS and OM just ahead of my DAC so I think clean power here is critical. You may see less of an improvement given your network configuration where the Lumin is directly ahead of the M3.