@milpai I think you will find the T+A DAC 200 to be superior to both the Wavelight and TT2. From personal experience, the DAC 200 is more organic. The Waveligut and the TT2 are quite different from each other such that the Wavelight is a bit rounder at the frequency extremes and focuses on punchiness vs tonal correction. The TT2 on the other hand is more analytical than the DAC 200. In both cases, the soundstage of the DAC 200 is also more expansive than the DACs you mention
I’ve said it before but I still believe the DAC 200 to be the best DAC under $15K. As a T+A dealer that has taken on trade ins, I’ve been able to compare it to a lot of equipment. If you have any other questions about it, feel free to message me direct. I’d be happy to chat things through!