That must be a very good DAC. But a claim to be completely immune to jitter is a very big one, and one that has many times before been made, only to prove to be untrue.
I would be very interested to hear more about the so-called 2-D jitter reduction. I read what is said on their site and it is pretty obtuse, but you get that with web sites - it doesn't mean they are not onto something.
Reading between the lines, they seem to be using the same jitter reduction process as used in a number of DACs, but maybe with a twist. I am guessing they are doing the over-sampling trick used by Bel Canto and Benchmark, where you upsample to a very high rate and then downsample just before the DAC chip. While this more or less eliminates jitter it simply maps jitter to broadband noise - ie jitter turns up as bit errors. The sound is at first impressive but ultimately sounds unnatural, particularly timbres of real instruments.
The process can also add errors due to any imprecision at the very high clock rates used. What they appear to be hinting at is that they do the same thing as say the Benchmark but then fix the bit errors. This is conceptually possible since the original jittery signal can be used as a reference, since it is likely to be bit perfect. But there is a "so what" here. Eliminating jitter is theoretically possible without using this particular strategy. There are many such strategies, and using ethernet for bit transport is probably the most promising of them. The tough thing is implementing it in real time, and the ethernet products we know like the Logitech products are not at all perfect. So far, I don't think anyone has done it, including Wavelength with their asynchronous USB, but it would be a massive breakthrough if someone did.
I wouldn't throw around the "must be a 2-D DAC" mantra too much. All they are saying is the DAC should attempt to eliminate jitter - that is all they mean by 2-D. Therefore there are a lot of 2-D DACs out there. Their implication that no other DAC attempts to deal with timing issues is not a fair comment. The only interesting thing, is their implementation - if it does indeed work as completely as they claim.
From your comments Big-amp, they have had some success. Experience to date makes me remain a skeptic about the claims of complete elimination of jitter, for the moment at least - but I now want to listen to one of these DACs, if I can get my hands on one at this end of the world.