Best sounding new DAC under $2500?

I second Dtc's recommendation for the Chord. I own the Qute HD with Teddy Pardo power supply and I love it. Previously had a Wyred DAC 2 (not the SE upgraded version, so that is probably worth a look as well -- Wyred folks are great to deal with). When I bought the DAC2, I liked it better than the Benchmark in my system. But the Qute was the largest upgrade (next to speakers) in my system (especially for redbook CD). And as Dtc mentioned, the Hugo is supposed to be better than the Qute in every way.

isn't the Bel Canto 2.5 in that price range? if it's a bit more, I'd say it's worth it.

I'd not overlook what the BC line up offers prior to pulling my wallet out.

. excellent audio and versatility lay in the entire point 5 line up. Even if nothing else is later added on like one of their USB links, or some other brand USB link..

I’ve heard a number of DAC along the way, and BC is definitely worth looking into if the sound is what really matters.

I have a Wyred4Sound DAC-2 that I am about to send in for the SE upgrade, that includes the femto clock and other component improvements. I will post a review when it is back and I've had a chance to listen. $1299 plus shipping one way. I am already very happy with this DAC so I am very interested to see where this will take it.

Stevecham

it would be nice to hear how you like it when it comes back. Mods are always such a mystery as to what happens to the orig item once it is done, back and run in good.

Yes I will post a review when I have had a chance to evaluate the mods.