I agree that DACs have made a lot of progress… but be careful. There is no question there are significant differences in budget DACs and high end DACs. Taking for example Schiit Yggdrasil as a budget DAC and >$5K (depending on exact brand) like Linn, Berkeley, Audio Research, etc. Real high end stuff sounds a lot more like real music.
As an example over the last week I compared Schiit Yggdrasil, Schiit Gungnir. Linn mid range Selekt, Audio Research 9, and . The Schiit DACs were far inferior DACs. The treble was primarily high frequency hash, the brass not natural sounding and the bass, muddled together three bass line notes onto one.