@rpeluso My specific bad experience was with a PSA PerfectWave Transport ($4000 retail). I had three drive failures in 6 years. I played the unit around 4 to 6 hours per week.
I learned that PSA used the cheapest grade of computer drive (around $10) they could buy. These drives are not designed to spin a disc hour after hour. They are made to spin up a data disc, read the data, and then spin down. The choice of this drive for a $4000 transport is unforgivable in my opinion. They knew better and they simply cheaped out. By the time the third drive failed PSA no longer supported the unit and it became a boat anchor.
Second example is the PSA Power Plant 12. The review by ASR showed that the unit actually makes things worse for the downstream component but the biggest problem was that the "High Current" outlet actually reduces the wattage to the amplifier! But even more troubling was Paul's response, accusing Amir of using the wrong outlet. Paul even demanded an apology. Well, his employees (I won't call them engineers) corrected him and he had to admit that ASR did the test correctly. Did he offer Amir an apology? You guess the answer.
Third example is the PSA DirectStream DAC that uses an FPGA processor instead of a typical DAC chipset. This unit is quite expensive and has tested very poorly by Stereophile and ASR. It is actually one of the noisiest DACs available with very poor bit resolution. I won't go into the reasons for this but it is a perfect example of how a company tells a hyped story and charges a lot of money for a poorly engineered product.
For me, the above is enough to decide that I will avoid the PSA brand with prejudice. For the record, I don't trust Audioquest and several other brands that have put out products that have been demonstrated to actually make the signal worse than much cheaper alternatives.
Lastly, I don't want to start a war here. If owners of PSA products love them and hear wonderous sound quality, more power to them. My only advice is to be careful about the engineering design and build quality.