I bought the ART about a month ago for $121.00 from Full Compass.com. I sent it to an audio tech who did a new power supply transformer and installed two IC sockets, making future IC upgrades consumer installable. He also replaced nine rectifiers in the power circuit, using high quality 90 volt Shottky's. Then changed the 100 ohm (digital) load resistor to a true 75 ohm load, using a precision Vishay. The output was resistor padded to 2.5 volts, down from the factory 10 volt recording studio setting.
The four electrolytic caps at the analog out were bridge bypassed using OFC copper. All the quarter inch input and output jacks were replaced with gold plated RCA's.
The power supply jack, which stock is a battery eliminator type plug, was replaced with a speaker binding post. The supply can feed bare copper wire leads directly into the circuit, eliminating a major source of noise. The 12 AX7 tube was removed and returned to me with the old parts.
I supplied Vampire solid OFC direct gold plated RCA jacks for the analog "out" in place of his part. I had these premium jacks in a drawer and choose to put them to use.
The unit has only a few days on it, and has been compared only against the Sony ES9000 SACD player. My first impression is that I prefer the ART, but I want to hear it on another system and after more hours. My own system is probably still two or three weeks away from being put back into service with my construction down to paint and acoustic workers (thank goodness).
I will say that for $121.00 purchase price, and $130.00 for all the mods (INCLUDING shipping), it is a small miracle. Accuphase or other high converters may roast it ( I really don't know), but I am happy to have it just to play with and enjoy.
To put the ART project into perspective, the power cord on my television cost quite a bit more than I have invested.