Best DAC for $500

I'm looking into the DACMagic Plus. The ability to directly drive an amp, the headphone output AND the BlueTooth Dongle are all selling points to me. Not to mention the async USB and a pair of tos/coax inputs. Very Flexible.

All-up with the dongle? More than the 500$ limit, but with 4 digital inputs, I couldn't imagine needing more.

Better out there? Should be, but at what cost?

...and as usual, no one has even mentioned the Emotiva for 249...

Yes, I bought it.
AFTER already asking myself this exact question, then answering it.

You would need a $27 Behringer to up the USB output to 24 if you want to go direct to the DAC...but I would suggest buying a squeezebox touch.
You would still be under 500 for both units and you would not have to have your PC tethered to your soundsystem.
There have been several DACS that sounded great. Honestly, there is very little that keeps a 100 dollar unit from being a 500 dollar unit.
Ask about the Emotiva on special from their site right now. I love mine and it sounds very very good. No nasty sins at all and a lot better than any 2k CD player I have heard. (I have heard about 12 of them recently)

A used Ps audio DLIII. Makes many dacs in this price range look like toys. Just look at the power supply and output stage and then listen to see if you like the sound of an upsampling dac. You can also choose between 96 or 192 upsampling which is a nice feature depending on the rest of your system.

For me a Cambridge Audio DacMagic along with the Pangea P100 power supply is a great sounding combo. You can easily find the DacMagic for under $500 new and even less used.

I agree with Gumbydammit. The Emotiva is an excellent dac with 6 digital inputs. Buy that for 249.00 and add a Musical Fidelity V-Link for around 90 from Amazon and you will have one heck of a digital set up. You will be able to decode all files on your computer up to 96K and the spdif inputs will do 192khz. It took a 999.00 Wyred4Sound DAC1 to better the Emotiva. I am not kidding.

Bob