I used to mod DACs, about 20 different ones. They all had strengths and weaknesses and many had poor design features that were obviously copied from another manufacturer that knew little about it too, even Sony did this. The most common thing I found was insufficient power decoupling for the D/A chips and the op-amps. Another thing I found was ground-planes that were broken-up, sliced and diced by traces, causing crazy current return paths. Another is too many op-amps in series. These things usually lead to an un-dynamic sound and a thinness, even harshness. This is the deficiency with most preamps and amps too. Another typical thing they do is put a 50 ohm BNC for the 75 ohm S/PDIF input connector. Duh!!
Steve N.
Empirical Audio