12-14-14: Jwm
I sure would not spend past the 20K mark for a dac. As in one year there will be a new one at half the price and better. If you want to sell your old two year dac you will take a bath. Could you imagine spending 120k on the DCS stack and find something else better at 40k. Sorry with digital I'm not going the high expensive route.
+1. Much like computers, the rate of change is high and thus large expenditures are plain foolish although guys playing that game have more money than they know what to do with. Furthermore, if Matt did a proper blinded shootout with multiple listeners and with some cheapo dacs in the rotation, the results would be surprising. Most people are scared to do that. If your go to dac is a $200 NOS chinese dac, other philes won't burn incense at your alter....