Charles,
That's right. When I tried the MHDT Stockholm dac, I came closer to hearing what I was missing. So I decided to keep the Dragons. As mentioned already, the Dragons are true to the source.
The MHDT is still not quite where I want it to be yet. I think the ultimate dac for me would sound in the middle of what the QuteHD offers and the Stockholm.
The QuteHD has this amazing liquidity that is smooth & organic, but also ALIVE sounding, with lots of detail that isn't digital sounding.
The stock Stockholm has more warmth and rounded edges. It also has surprisingly great detail. I could hear mico details that I didn't notice with the QuteHD. It doesn't have that Alive sound that the QuteHD has and instead has a pleasing warmth that makes everything sound good. The down side is that it lacks the clarity and dynamics that the QuteHD has. I call it too wooly.
I hope to get this part nailed down soon.