Kondo DAC : Why no reviews ??

They sell all they make and there's a waiting list to boot!

The point is not how much they sell. In fact the fact that they are such a well known, well respected product should attract at least a few reviewers to review the product in their magazines ? I know many of the reviews is actually done only when the manufacturer pursues it with the magazine company and may be even pay some money to these companies or buy ad space in these magazines. But then I hope there are also magazines which take up reviews of a product simply because it is outstanding sonically and that will also add to the value of the magazine. I mean how is it possible that the touted best DAC in the world has no reviews ?????????????? That too made by a manufacturer like Kondo who is there for decades and has the highest pedigree ???????
What is really the blocking factor ?

Dac's being built today can sound as good or better than the Kondo/Audio Note gear at a faction of the $$$.

Know one owner of the AN 4x that can not listen to it as his Lampizator L4 Dac outruns it.

Glory I agree with you that such a thing is possible. But how many such examples do you know ? Lampizator is one, can you add many more to this list ?
The legends like Kondo are one in many decades and if he makes one dac which many consider the best in the world, where are the reviews ???????? Man today even a new pencil has a review on the internet :). We are talking about the best digital audio player in the world....unbelievable

DAC's are always problematic, the next generation has better processors for half price. The only way to survive for a manufacturer is to keep the ball rolling with an update 2x a year. And a "legend" can hold the price much better, specially when no one compares it or is interested in that. Those who can afford, buy it and are not really mad to hear it is average, colored or slow (or whatever) to this and that. And: touched from the Master counts more than anything else... :-)

AP, the other HYPOTHESIS I have is that this DAC from Kondo-san is much like a Rolls-Royce Phantom automobile - there are people who simply know that they want a RR Phantom car come what may & they simply go out & buy & then use it. These sort of people (so flush with discretionary income) are not the sort of people to sit down in front of a computer & write a user-review. They are simply not that breed of people.
Additionally, Audio-Note Kondo has always been a rather low profile company & I believe that reviewers approach them rather than the other way around. In this case, the reviewers might have judged (in all their infinite wisdom) that under these market conditions the price-to-performance ratio of this item is not in-line with what the market is looking for given that several much lower priced options will rival Kondo DAC's perf & possibly exceed it.
Yet another factor could be that everybody's headed to computer audio & the Kondo DAC does not support that....

Bombaywalle.....your hypothesis is very accurate. Most customers of Kondo are not your average audiophiles, they are music lovers and really are not after the most accurate sound (whatever that is) but after a musical experience that let's them get immersed in sound and enjoy the experience. For accuracy there are many other brands to choose.
Kondo never "requests" reviews again they are just too busy hand-building their gear and besides, you are right again where a reviewer may not fully understand one piece of Kondo gear where a "system" of Kondo gear would speak the truth.
Dealer disclaimer noted!