New R2R DAC

In our audio club I have most everything outthere and all popular R2R dacs 

the T+A200 sounds very R2R with better everything at $7k, myself and many others find it meets or beats anything even at $15k.

Gareents,

I have never heard the AudtioNote or Lampi, but I have heard the Holo Audio May DAC KTE ($5,600) model and the Denafrips Terminator Plus 12th ($7,500) are truly amazing DACs. I did prefer the Terminator Plus, but I'd be happy with either one for my end game DAC.

The AudioNote DAC I don't believe is R2R either. 18bit chip based. 

I just moved from an R2R DAC to a Chord DAC and have to say if you've not tried a Chord DAC you should put it on your list. Not technically a R2R I believe they use a propriety DAC chip and custom programing. you can see them used now at reasonable prices, I picked up a DAVE for $6500usd a few weeks ago. 

If you are handy with a soldering iron and not afraid to work on the chassis main board, get yourself a MHDT Orchid and modify it by replacing the standard 1541a chip with an S1 or S2, then change the two large output caps to a more expensive Mundorf or Jensen. My modded Orchid is very transparent, smooth with depth and dare I say 'analogish'. Granted this would cost you probably at least $500 or so but IMHO it's a lot better than spending thousands and thousands of dollars only to probably be disappointed.