@soix Thats it..I think you’ve hit it on the head. That’s been my concern with moving to a Denafrips in the comparable range of offerings (at least with the way my system is going). However or whatever it is that renders a more subdued high frequency detail or shimmer, seems many who finally get the Pegasus say what you’re indicating here. I don’t know if I can justify getting into the Aquarius price range, but the Pegasus seems a remarkable value proposition. I’ve also been curious about the new Ladder Schumann, also compares favorably against the Pegasus. But don’t know if the I2s pinout configs would match up with the Mercury.
Nonetheless, very cool of you for sharing your insights. Helps many of us here feel better about embracing the latest streaming possibilities.