@teajay
Based on your comments here, and the Audiophiliac (Steve Guttenberg) review, the Linear Tube Audio Aero DAC sounds like a really great deal on a very musical DAC for $4K.
Since the LTA Aero is an R2R DAC using the AD-1865 DAC chip, I am curious whether you have heard any of Benjamin Zwickel’s Mojo Audio DACs, which are also R2R DACs and which use the AD-1862N DAC chip? I currently own both the Mojo Audio Mystique EVO Pro and Mystique X SE DACs, each of which use AD-1862N-Z chips, which were apparently a special version of the AD-1862 chip developed for high-end Denon DACs back in the day and incorporate the "Z" designation. If you have seen the Soundbsessive DAC Chip List, they have good things to say about both the AD-1862 and AD-1865 chips:
Analog Devices: Multibit:
AD1862 20-bit – one of the best of the world’s Audio
AD1865 18-bit, very good multibitnik, 2 DACs and in one case (stereo)
Although the output stages are different between the Mojo Audio and LTA models (Mojo Audio DACs do not use tubes), there are similarities beyond the AD DAC chips and R2R design, which include dedicated power supplies for each section and Belleson-regulated, multi-stage choke filtration.
I was interested to hear Guttenberg’s comments regarding the LTA Aero vs. the Mola Mola Tambaqui, since I owned a Tambaqui last year and compared it directly to the EVO Pro DAC. To my ears, the Tambaqui sounded basically "perfect" while the EVO Pro offered a sound that I perceived in comparison as more musical and fun to listen to, if that makes any sense. I also found that the Tambaqui displayed a bit more "high-frequency air and spaciousness" as described by Guttenberg in his comparison between the Tambaqui and the LTA Aero. However, in my system, the relatively small differences in high-frequencies between the Tambaqui and EVO Pro were overshadowed by my favorable perception of the EVO Pro displaying more tonal color and body. After listening to both over an extended period, I ended up selling the Tambaqui and kept the EVO Pro.
If you have heard any of the Mojo Audio Mystique DACs, from the v3 on up, I would be interested in hearing your thoughts on how those compare with the LTA Aero.