I've owned both the Yggy LIM and M3 and liked both. ~$3500 for the M3 with streamer and remote is a great price! If you don't need the integrated streamer and volume control the LIM was a nice sounding DAC to me for ~$2K but I thought it lacked a little detail. It remined me a lot of the more expensive Mojo Audio R2R DAC I replaced the M3 with. In the $2-2.5K range I'm currently running a Weiss 205 with Keces LPS and think it has at least the resolution of the M3 and allows one to hear into the recording more than the LIM. It is a little on the clean/lean side of things, but not too bad; it still has nice tone. I replaced a Meitner MA3 with it as the differences didn't out weight the price differences in my view.
I don't regret buying something as expensive as the MA3 as it's the best DAC I've owned, but to be honest the differences don't always out way the price differences if you choose wisely and depending on the rest of your system; YMMV.