What's the greatest bargain in DAC's these days?

Hey Folks,
I wanted to "bump" and refresh this discussion a bit because almost 8 months have gone by since I started this thing and the DAC market is so fast moving.
I'm definitely in the market for a new DAC to replace my Musical Fidelity M1 (fed with a MF V-Linki 192 USB-to-SPDIF converter for computer audio). I am looking for something with an "analogue" sound (aren't we all?) that will not sacrifice detail but might take some of the harshness out of some digital recordings. I need to use the DAC for both hi-res files on a Mac laptop and hooked up to a CD transport. My budget is "under $1000, the lower the better."
The Parasound ZDAC is definitely in the running.
I've also heard good things about the Jolida FX III.
The Schiit Bitfrost Uber with all the latest upgrades is a possibility, as is the Gugnir.
The Peachtree DAC itX is another option.
Your thoughts?

With the introduction of the Rega DAC-R at $1200 it is now possible to find good deals on used Rega DAC (first version that sold for $1000).
They are selling for about $500 used and are supposed to be very analog sounding. May be a good choice for your needs.

Hi Rebbi - good luck in your search. Can't give you a direct comparison vs all your options. Previously I was using a Gen 1 V-DAC w/V-Link. I went to a Gungnir with V-Link 192. I was playing some CDs I'd copied to hard drive yesterday and was marveling at the sound...especially as just the day before my lengthy listening session was to vinyl. The Gungnir/V-Link/MBA combo sounded great...very mellow and full in what to me resembles what I like from vinyl "sound". Worth noting is I purchased a USB cable with split power/signal runs and use this from MBA into V-Link. ALSO - have recently switched to Morrow Audio MA4s ICs (w/Eichmann Silver RCAs) going from Gungnir to pre-amp. Not saying you'd go wrong with your other options but the V-Link/Gungnir combo is working for me. As someone else will undoubtedly say (I'm sure you know this) best way to find what works for you is to audition.

Yamamoto YDA-02. $350 plus $30 shipping from 2Juki. It only plays up to 96kHz, no dsd. It only has a usb input.

I bought one a couple months ago. I'm using it with a Mac Mini. It is my first foray into computer audio. I have no other experience with any other dac, so take this with a grain of salt. That said, I find the YDA-02 to be imminently listenable, plenty detailed but not harsh at all. It is engaging and very easy to listen to for hours at a time.

It sounds a little less "you are there" than my Sony XS5400ES cd/sacd player, but the the YDA-02 is a great value I think at $350. I think the YDA-02 can be tweaked to sound even better, perhaps by using an outboard linear power supply like the TeraDak or using something like the MF V-Link converter like you have.

Ross Martin, you can get a 8 channel DAC for $800. Top of the line chip too.