Always comes down to a very simple question. Who is one trying to please, measuring bot or oneself?
I have Merlin VSM-MM as second speakers, I purchased based on a number of listening sessions at audio shows and speaking with Bobby. Yes, Bobby generally partnered with Ars Sonum, and I did find pairing alluring. Bobby chose this pairing based on his listening preferences, measurements played role in that he understood what was required of partnering amp. Virtually any solid state, push pull tube could adequately power the Merlins, Bobby chose Ars Sonum based on subjective listening tests.
And speaking of capacitors and ability to hear differences with this particular part exchange. Merlins originally came with Hovland caps in both speaker crossover and BAM, I was perhaps first to mod VSM with Duelund VSF caps. Result was far more natural timbre, greater transparency, resolving powers. I called Bobby with great enthusiasm for mod, Bobby not too happy with me, but could detect a fair amount of curiosity in regard to mod. And so, a few months later, Bobby comes out with new iteration of VMS with Duelund VSF caps! Point of this is, some are very familiar with certain sound qualities of systems and/or components, small changes can be extremely salient with this level of familiarity. These are not differences you're going to hear in double blind tests or short term listening with just a few recordings. Long term listening with wide variety of recordings in static setup required to detect these differences.
Musetec used above method to arrive at final sound qualities of 005, designer and/or designers used their ears and sonic preferences in voicing this dac. Assume measurements sacrificed for particular sound qualities.
Lastly, I would hope every designer of quality audio components has at least one audio system, preferable a number of them to voice those components. And the quality of that system, and the sonic preferences of designer certainly play a great role in final voicing. When preferences of designer and listener align we have sympathetic match!
Measuring bots and I not sympathetic match!