New vs. old DACs - opinions?


I'm on the market for a new DAC. I've noticed that you can find used DACs from, say, 8 years ago that are heavily marked down from their original price. I just saw one sell for $400 that was originally $1500, for example.

So, correct me if I'm wrong, but the progression of DACs seems very different from that of amps... an old amp, like McIntosh, is still highly competitive today... but it seems that newer DACs are more evolved, refined, and use higher quality parts for less money, right?

Another thought is - before DACs were as widely used as they are today, perhaps the mark-up was much greater in the past...? Where-as now, with the influx of foreign manufactured DACs, there is a healthy bit of competition that keeps prices down by limiting the manufacturer mark-up. Correct me if I'm off here as well.

So, overall I'm wondering if I would be better off buying something new like a Keces or MHDT DAC or finding something older that is heavily marked down.
djembeplay
Keith - I'm sure your DAC is great sounding and I noticed that it gained Stereophile class A recommendation. It just needs good transport to show its full potential (and good digital cable).

Benchmark has such strong jitter suppression that not only the transport doesn't make any difference but also digital cable is not important. Benchmark tested DAC1 with up to 1000' of cable and they could not hear any difference. There is no other parameter than jitter that affects the sound of transport or digital cable.

Reclocking is in a sens "magic bullet" but only for the jitter and other parts of the DAC like clock, power supply analog stages etc have to be great as well. In addition not everybody likes the sound of oversampling and upsampling DACs - many prefers sound of NOS (non-oversampling) DACs.

EAC is a great program but it doesn't come in version for MAC (I recently switched).

Interestingly, I just replaced the MSB Plat dac/dig preamp with a EMM Labs DCC-2 DAC/dig preamp. Just got it yesterday. It is quite a piece.

Keith
The main thing that has inarguably improved over the past couple decades is the fabrication processes by which monolithic ICs are made - and since the overwhelming majority of audio DACs are based on monolithic products . . . the palete of resources available to the IC design engineer has changed considerably.

That being said . . . just as everything else in audio (and life in general), the success of a design is very closely connected to how the designers/engineers work to reach their goals with the resources they have available. And in the late-1980s/early-1990s, the goals of most IC designers were probably more similar those of audiophile products than they are now -- there used to be many $10-and-up "statement" mono DAC chips available, that cared nothing for power consumption or single-supply operation, and assumed that the circuit designer had no problem spending extra money on separate circuitry to do the processing/upsampling.

Nowadays, a $4 audio DAC is VERY expensive, they're all at least stereo (if not multichannel), and have some sort of oversampling or sample-rate-converter built in - making the circuit designer's job much easier, if they want "off the shelf" performance. Most of them are also much more flexible in terms of software control, and place low power consumption as a priority. Translation: these days, the perfectionist audio business has very little part in paying the bills at Texas Instruments et. al.

It's true, the chips HAVE gotten "better" . . . especially if you're paying attention to the same parameters that most IC designers have. But all circuit architectures have their stregnths and weaknesses - and they're all ultimately dependent on the designers and engineers of the final product whether the parts fulfill the promise of what the chips themselves can do.
Kirkus - I have more experience with components than audio but components such as op-amp for instance made long journey in last 20 years. Currently they cost more than before but if you calculate price in dollars per MHz of bandwidth or offset drift or noise then new amps are at least 10 times cheaper. There were only few (unfortunately) intended for high en audio like very old NE5532 or very new LM4562 - not enough market for them perhaps.

I agree with you on responsibilities of designer. Designer can screw-up design of power supply today as easily as 20 years ago. Certain components like clock oscillators with extremely small jitter might be very expensive but it's money well spent. Designers often cut corners in places where they shouldn't. It is very sad to see piece of great equipment with one or two inferior components that somebody else (modding people) replaces to dramatically improve performance.
there is a lot of talk about clocking and re-clocking. in a normal transport/computer to dac connection, there is no clocking or re-clocking. except if you own certain esoteric or dcs components. to do clocking, these devices would have to work on a peer to peer basis and if the dac receives invalid data, it forces the source to retransmit or reread the data (esoteric calls that flow control). esoteric and others sell external clocks which are very expensive and they only work on certain sources.
here is a quote from Thorsten Loesch:
"In reality, it is relatively easy (i.e. low cost) to make a clock crystal with high precision (<0.5ppm). However, making a clock crystal with low phase noise (jitter) is much more difficult (i.e. expensive). Perhaps that's why the aftermarket so-called 'super-clocks' often quote the former and omit this latter and more relevant specification. Just as importantly, the use of more than one clock (even a 'super clock') if it is not synchronized to generate a master clock signal, will mean that the issue of all clocks being out-of-sync with one another has still not been addressed. Again, this leaves the other major source of jitter unresolved."