Mrtennis, my experience is that the upgrade's effect on sound quality depends critically on which version of the firmware you install after the upgrade. The SD cards that are shipping with the Mk2 board contain firmware version 2.1.0. The sound with this firmware is very extended at both frequency extremes but perhaps a bit too hot in the treble and a bit too clinical...great for a laid back system, but not so great in more highly resolving systems.
The sound quality of the Mk2 digital board is significantly different if you instead install the earlier version of the firmward, version 2.0.2. This is available on the PS Audio website in the "support" section. You just copy these files onto the SD card, replacing the files that are pre-loaded onto the SD card. This can all be done with a $5 SD card reader from Best Buy, Staples, or Radio Shack.
With the 2.0.2 firmware, my guess is that you would really like the Mk 2 upgrade. The main difference I noticed was substantially improved bass, but a mid-range and treble that is still warm and very musical. In other words, real improvement over the Mk1 DAC that doesn't veer towards overly clinical, fatiguing, or bright in any real sense.
Wit both firmware versions, the soundstage of the DAC widens pretty significantly, which is another very noticeable area of improvement. That said, the soundstage of the Perfect Wave DAC is still not all that wide.
I know there has been some debate on the PS Audio forum, with numerous upgraders complaining that they are not happy with the latest firmware version, 2.1.0. In response, PS Audio has allowed owners to download the earlier 2.0.2 version of the DAC firmware to see whether they prefer the earlier version. My impression from the PS Audio forums is that Paul McGowan prefers the latest version 2.1.0, but has kept version 2.0.2 available. Moreover, they are supposedly developing a new version that they hope will be btter than other firmware version.
The sound quality of the Mk2 digital board is significantly different if you instead install the earlier version of the firmward, version 2.0.2. This is available on the PS Audio website in the "support" section. You just copy these files onto the SD card, replacing the files that are pre-loaded onto the SD card. This can all be done with a $5 SD card reader from Best Buy, Staples, or Radio Shack.
With the 2.0.2 firmware, my guess is that you would really like the Mk 2 upgrade. The main difference I noticed was substantially improved bass, but a mid-range and treble that is still warm and very musical. In other words, real improvement over the Mk1 DAC that doesn't veer towards overly clinical, fatiguing, or bright in any real sense.
Wit both firmware versions, the soundstage of the DAC widens pretty significantly, which is another very noticeable area of improvement. That said, the soundstage of the Perfect Wave DAC is still not all that wide.
I know there has been some debate on the PS Audio forum, with numerous upgraders complaining that they are not happy with the latest firmware version, 2.1.0. In response, PS Audio has allowed owners to download the earlier 2.0.2 version of the DAC firmware to see whether they prefer the earlier version. My impression from the PS Audio forums is that Paul McGowan prefers the latest version 2.1.0, but has kept version 2.0.2 available. Moreover, they are supposedly developing a new version that they hope will be btter than other firmware version.