DAC Measurements vs Actual Experience


I have spent the last two days evaluating which of these two DACs I will be keeping:
1) Benchmark DAC3
2) PS Audio DirectStream

I'm foregoing the use of a dedicated preamp; the chosen DAC will serve that purpose.* 

I had read up on the technical side of each of these exhaustively before purchase. For those of you who aren't familiar, the Benchmark DAC3 measures quite well in every category. The PS Audio DirectStream, on the other hand, not so much. In fact, Audio Science Review places these two near opposite ends of its SINAD (signal-to-noise-and-distortion) list with the PS Audio being positioned near the bottom. Stereophile also provided measurements in their review that painted the PS Audio in an unfavorable light. 

And yet the DirectStream is proving to provide a sound that is more, dare I say, musical. It's a bit more relaxed, sounding a tad reserved in comparison to the DAC3, and the presentation of 100 Hz and lower seems to be slightly vague, but it's also less edgy, possessing a better soundstage, and is overall ever-so-slightly more enjoyable. So what am I doing wrong?

* Is it worth considering putting a dedicated preamp downstream of the DAC3 in hopes of gaining a more favorable sound? 
sixfour3

Many issued recordings are flawed in some way or other.  Perhaps most are.  If you are a certain kind of purist who wants to hear exactly what the recording as issued is presenting, then by all means get the most "accurate" components possible, which is something a lot easier to measure with DACs than, say, loudspeakers.  If you want to sit entranced by most if not all of your collection, you may prefer something else.

For instance, I remember the early Deutsche Grammophon recordings that were recorded digitally and issued DDD on CD were usually pretty much unlistenable.  Things have improved since then, but still...

Is orange a "distortion" of yellow?  If you happen to like the color orange over the color yellow, is that wrong?

I must say that I have no clue how to interpret the measurements on the HPA4 and DAC3B combo.  I just listened, especially to the silence.

The best ESS based chip DACs I have heard were not the Benchmarks but the $6K Mirrus DAC from these guys, who now seem out of business.

https://resonessencelabs.com/

To my ears, better than the Benchmark and also any of the Linn stuff. I apply the concept of Law of Diminishing returns to DACs over any other audio component. For $1560 new that the DAC3B cost me I am consider it a big win.

I have heard a lot of DACs. I am not saying my choice is going to be great for anyone else just saying it is amazing fro me. 
But even your ears can trick you. An audiophile bought a pair of well reviewed speakers and loved them at the store and initially when he got them home. But over time he just felt there was something "wrong". Some music sounded amazing, some not so much. I was able to tell him in 15 minutes with a laptop and microphone that the crossover frequency was too high, hurting dispersion and it looked like some cone breakup. Sounded awesome on vocals, guitar, even most pianos as it was in the sweet spot of what was a very good driver, but used wrong at a system level.
I have tremendous respect for the good people at Benchmark. If you want 2+2 to equal exactly 4, they're your guys.  But to audiophiles 2+2 can equal  4.3 if you pick the right 2's.  If we like 4.3 better, that's our issue and not theirs. 

I had my Benchmark DAC2 HGC going into a VAC amp and thought the system sounded really good.  I tried their Benchmark HPA4 but for me it was uninvolving.   Then tried a used Modwright 36.5 with NOS Mullard and really loved the sound.  But I came into some mad money so madly bought the Denafrips Terminator out of curiosity.  My first impression was that the Benchmark was better, but after going the Windows Driivers Hell, and realizing I needed to increase the volume two clicks to correct the sense of receded voice, I find the Terminator to be a wonderful instrument that often puts me on stage with the performers, and the bass, percussion, guitar are no longer somewhere behind lead singer.  Everything is there, clearly heard.  Was listening to early REM, (Murmur)and I'm in the garage with all the limitations of what four guys can do, but in a wonderful way.  Each instrument, note and vocal cord there to clearly perceive. Oh, and it's clear when those recording engineers and mastering engineers create an over-processed, over-compressed sonic turd.  Sad when an upright bass of a folk group has more dynamic range than a Marshall stack.

The measurement that impresses me is that I have been measured as an active, involved listener every single day since getting the Denafrips dialed/burnt in.   In an odd way, streaming has changed the equation for me.  Once I achieved the quality I now have, I'm just thrilled to have a pretty good seat at the theater for all the high-quality (and ancient treasures) that are easily accessible, and my audio-nervosa over cabling and product-of-the-month seems to have disappeared.
Dac measurements can e Misleading for there are different methods to measure  and will not dictate final Sonic outcome 
one Expert inthe field most will not know unless into audio for awhile is Mojo Audio . Ben Hand builds all his dacs uses all the best quality parts ,power supplies maybe the most overlooked aspect in digital 
and uses Classic 20 bit Multibit  Analog devices Dacs.Worlds best  Bellison regulators Femto clocks ,Descreet opamps most Donot,and a bunch of other. things I donot understand unless you are a digital engineer.
one thing for sure his new EVO dacs  Excellent by any standard are modular To upgrade if better components are available in the future ,have a 45 Day audition, moneyback guarantee and 5 year. Warranty.