Demoing one right now in my home now as a digital front end alternate to my Turntable. My analog rig in total is $10k + in cost, (rega p10 and Umami Red) and while it does some different things digital just can not replicate, this little Pulse is literally 85% of it generally speaking. It has a very organic analogue sound that quite honestly I am shocked by. To me it's a steal at twice the price nevermind $1200.
Likely the software has something to do with how good it sounds. Software updates, easy, initial hook up was simple as well. To me this is a giant killer.