In Mr BHK's own words :-
"As obvious as it may seem, I would like to hear his take on why his preamp improves the sound in comparison to running the DS direct. I know some still prefer a preamp, I personally don't, but there is some interaction going on that no one seems to clearly understand. I know Paul had his socks knocked off in comparison to his reference preamp, but my socks are generally well attached and not subject to such easy removal. In other words call me an agnostic waiting for the right explanation to shift me into belief." -Pmotz
"Hi Pmotz.
You bring up a good point and rather timely as I have been listening to my Direct Stream DAC direct into my power amp as I take my ptototype BHK Signature preamp (1 or 3) in and out of my system to go work on it in my lab. The system without the preamp in it sounds very nice and acceptable but when the preamp is back in there is a very obvious increase in musicality, transient attack, spaciousness, and detail. I am amazed and delighted with this creation. But I must disappoint as I must be in the camp of those who cannot explain it. I just know what it does for my musical enjoyment and that, in the end, is where it is at for me." - BHK
http://www.psaudio.com/forum/bhk-power-and-pre-amp-forum/bascoms-preamp-chronicles/