I had one - for a short time - some time ago. Well, the noise, yes, in my - sensitive- Speaker System everything from 60+ was more or less not useable. And the Soundstage was foggy and compressed. I used it in combination with several Line Preamps, Aesthetix, Klyne .... but at the end of day it was disappointing. Probably it will work with a low sensitive System better, but for me it was nothing to write home about.