I can't speak on the newer chip amps but I purchased a Hypex Nilai recently. To me it is a step above the Ucd & Ncore's I tried briefly in the past. I purchased the DIY model and feel it is a great amp for the money. Subjectively speaking of the class D modules i had tried in the past I found them to be a hair dry..touch analytical & 2 dimensional at times. For the low noise, transparency, power & size I still think the Ncore is a good amp.. especially when you consider the price. If I was still into Surround/Multi speaker movie systems I would be all about Hypex/Purifi modules.
I tried an Elac Alchemy amplifier built around the older Ucd modules and felt that Class D amp was good for the money. Definitely better than just the basic older Ucd module but I still felt the top end wasn't as good as say a good class AB. Still a solid amp for the money in my opinion, I used a pair of them for almost a year.
Anyway, the Nilai is definitely an improvement in my opinion. It's hard to describe an amplifier but I just find it smoother & groovier than D's I've tried in the past. I've only used it for a few weeks now but I can't find any faults in it. If Class D is able to improve upon this and keep it at these low costs I think that is a win for a lot of audiophiles. I definitely welcome more builders designing amplifiers around these new modules.. especially this Nilai.