I haven’t heard it and I’m sure it’s nice, but the LAiV at first glance looks to me like an 8 pound, half-sized, $1,700 Chinese R2R mini DAC.
In a nice case and box. With a $2,700 price tag.
Obviously, size doesn’t matter (says the Tambaqui to the Playback Designs and others). And of course almost everything has gotten smaller and cost 35-40% more over the last year or three.
So maybe smaller size for higher cost is the new normal.