Edorr, no reason to be skeptical or to blindly believe my assertions. You can buy an SD card reader at Radio Shack or Best Buy for under $10 and then try each firmware version yourself.
But I am not the only one who notices substantial differences in sound quality among different versions of the firmware. PS Audio's own community forum has a thread on the subject. The vast majority of owners who contributed to that thread preferred 2.0.2 pretty strongly to version 2.1.0. Similarly, Head-Fi has a massive thread about the Perfect Wave DAC, and toward the end, a number of people stated that they preferred the sound of the original MK1 DAC to the MK2 upgrade, finding the latter to be too bright and fatiguing for headphone listening. These folks were told to try 2.0.2 in place of 2.1.0. They then reported back that they were very happy with the upgrade once they had installed 2.0.2.
Mrtennis, I have no idea why so many Perfect Wave DACs have come up for sale here in the last year or two. The most benign explanation is that the Perfect Wave DAC had a very high market share after it was first introduced, so it naturally represents a large share of used sales now. The other possibility is that a fair number of owners are not happy with sound quality or with the complexity of setting up the Bridge + NAS + eLyric, and want something simpler or cheaper. Unfortunately, Audiogon provides a regular reminder that digital equipment is a lousy investment.
