Hi @mitch2 there are so many wonderful dacs out there and while a great deal is system dependent and which input is used vs which one is optimized vs which one is optimized for our specific systems, aren't we all fortunate to be enjoying hifi today!
To echo @starboard , I own a Merason Dac1 ( I also own a Merason Frerot in my office system). It is quite the performer and I recently read the Ear review and thought "holy crud, what was he listening to? What he described in the review wouldn’t have lasted one track in my system. To further compound the confusion, the Merason Dac1 made their Best Hifi Components of 2021 list. The two digital products on the list were the Merason Dac1 and the Melco N10. Oh well, reviews are data points for our research rather than answers to a question. I am a former owner of Totaldac D1 Tube mkii, Nagra Classic Dac, Chord Dave, Lampizator Golden Atlantic, Aqua La Scala Optologic and most recently, a MSB Discrete Dac with ProUSB and the dual outboard power supply option.
Is the dac1 better than all of these? Well, I guess I would have to say no...but here is the context, both price and performance...no dac is better than all comers. I have found that the dacs I enjoy most are the ones where they are strong at what they are strong at while committing the least sins in those other areas. The mystiques, MSB’s, Totaldacs, etc are all terrific...the Merason Dac 1 belongs in the conversation IMO. I have another dac I own which is also exceptional but it doesn’t fit the price band of this conversation. The best news of all?....we are getting perilously close to a time when a really fine dac can become a long term occupant of a shelf in your systems. My thought process was always "something better will be out in a few years so buy knowing that fact....I no longer feel that way. Its not like next year that a dac will come out and make you feel like your old dac was broken....LOL...20 years ago, that was not the case.
Be well all....