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Good upsampling DAC w. HDMI

I'm looking for a good dac to run my Verizon Fios box through and into a 2-channel preamp via HDMI cable. I'd like to spend under $3,000. Suggestions would be most welcome.
jmslaw
Post removed 
shazam
205 posts
 
PS Audio has been showing their new Ultra DAC in conjunction with their PerfectWave Transport connected via HDMI. In this instance, it is sending I2S data only. I don't know if the input is capable of accepting other formats, but its worth an inquiry. I've heard the DAC at a couple of shows and it is a killer sounding unit right about your price range.
tpk123
61 posts
 
Shazam,

How does the new PS Audio stack compare to high end players like an Esoteric X03 or something in that range?
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