I had a Levinson No 39 purchased in the late 90s. Six or so years ago, I bought a Wyred4Sound DAC-2 based on the positive reviews and thinking that technology had progressed so much that even a less expensive DAC (the W4S was about $1500) would surely be better. Not even close (although I was only using with Redbook CDs).
I eventually sold the No39 when I bought an Yggy A2 which did sound a bit better. But the main reason I replaced it was that it didn't have USB and at the time I was just using a PC to drive it.
I still own the Yggy, but this is now relegated to a secondary system. I bought a Terminator and then replaced it with a Terminator Plus.
I think a well-built higher end SS DAC will last for decades and will hold it's own for many years. Will you be able to better the sound in five years for the same money. Probably, but I think the improvements will be subtle.
The more likely issue will be some new interface that becomes popular that isn't supported on existing DACs. This was the problem I had with the Levinson.
I eventually sold the No39 when I bought an Yggy A2 which did sound a bit better. But the main reason I replaced it was that it didn't have USB and at the time I was just using a PC to drive it.
I still own the Yggy, but this is now relegated to a secondary system. I bought a Terminator and then replaced it with a Terminator Plus.
I think a well-built higher end SS DAC will last for decades and will hold it's own for many years. Will you be able to better the sound in five years for the same money. Probably, but I think the improvements will be subtle.
The more likely issue will be some new interface that becomes popular that isn't supported on existing DACs. This was the problem I had with the Levinson.