Gryphonaudio, with all respect to the no-doubt wonderful sounding Mikado CD player, this Australian article does not explain how it is using the off-the-shelve AKM 32bit DAC in its design. Btw, this DAC has been around for the most part of 2008 and implemented before by others.
I do like the Mikado modularity concept, and if it could handle SACD I would be seriously tempted ...
(If you are a dealer or manufacturer pls disclose)