" I'm beginning to think that it will take thousands of dollars for a DAC to get anywhere near the tonal accuracy and smoothness of vinyl,"
For a "hard" sounding SS based system, try a mhdt Paradisea tube DAC for under $500 used. That got me very close. If your system has some tube-like smoothness to start with, then try the mhdt Constantine SS DAC for even less. Though there are still differences in inherent sound between digital and vinyl sources, I've had no qualms with my digital relative to phono in either of my systems since obtaining these. Other than surface noise and other vinyl moise artifacts on some records, I am hard pressed to hear a significant difference between my digital and vinyl in most cases these days.
For a "hard" sounding SS based system, try a mhdt Paradisea tube DAC for under $500 used. That got me very close. If your system has some tube-like smoothness to start with, then try the mhdt Constantine SS DAC for even less. Though there are still differences in inherent sound between digital and vinyl sources, I've had no qualms with my digital relative to phono in either of my systems since obtaining these. Other than surface noise and other vinyl moise artifacts on some records, I am hard pressed to hear a significant difference between my digital and vinyl in most cases these days.