Dsfreeh,
I wondered the same when looking for a DAC for my system, and in my research, I had decided to go with an FPGA or R2R Dac instead of a DAC chip based model.....would a $1,000ish DAC like the Denafrips Aries II R2R at $820 be sufficient, or should I move up the ladder to the likes of the Chord Qutest FPGA $2,000ish, Denafrips Pontus II R2R at $1,750, or HoloAudio Spring 3 Level 2 at $2,400 be worth it.
In MY system, the Denafrips Pontus II R2R DAC sounded best....though I can also say that the Chord Qutest and HoloAudio Spring 3 are both phenominal DACs......just not in my system.