There was a hope during the pinnacle of ladder DACs such as PCM63P-K and AD1865. Hi-end industry ruined it with the race for higher sampling rates. The soul was lost in translation.
Sure, but those cannot process DSD which, to my ears, has the ability of providing the "soul of the music", just like pure analog, and unlike any other digital format currently available. At least this is my experience after dealing with digital for quite some time now.
Best wishes,
Alex Peychev