Rbach the dacs we have are very highly rated, we sell, Aqua Hif, T+A, Bricasti, Lumin and many others.
Try to find a Denefrips professional review, not too easy very few reviewers have heard one in the reviews, could only find three reviews, Six Moons, Audio Bacon and Audio Stream,
We could find one review where the Terminator was compared to a Chord which was a bit more expensive and also had a volume control and was better in some ways and bettered in others.
The issue with Denefrips is the direct model takes away the possiblity that the Dac in test will be compared with Dacs that are allready well known in one location.
Rbach we are not saying our dacs are better just that there are some really outstanding choices that the OP might not be thinking about.
The Bricasti M3 is amazing sounding, similarly priced and you have options of adding a nework card, it has an analog preamp stage and can be a headphone amp as well, very cool feature set.
The T+A also has a resitor analog volume control, is also a headphone amp, and comes from one of the best digital engineering departments in Europe, The Aqua Hifi Lascala is 100% modular and completely upgradable, with the Terminator only one board can be changed easily.
Again considering that we are a very dac oriented store and continue to bring in and test many dacs gives us a pretty wide perspective in what sounds good. Again we have Ifi, Lumin, Mytek, Bricasti, Naim, T+A, Aqua Hif, Light Harmonic, to name a few of the digital lines we carry.
Rbach how about you extoll for the rest of us your vast experience with all the dac’s you have tested?
Dave and Troy
Audio Doctor NJ