If you are looking into strict D/A conversion performance, it seems like there are quite a bit of new high performance and reasonably priced DACs, such as the brand new SMSL SU-9 Balanced USB DAC (US $439.99), which perform better than most R2R DACs and many of the DACs listed above. The SMSL SU-9 has a SINAD of 120 dB while, for example, the Auralic Vega G2 has a SINAD of 116 dB. You can later decide to color your output signal using whatever, DSP, preamp or amp you like.
https://www.audiosciencereview.com/forum/index.php?threads/smsl-su-9-balanced-dac-review.16150/
https://www.audiosciencereview.com/forum/index.php?threads/smsl-su-9-balanced-dac-review.16150/