Nightdoggy, my findings & others as well as Stereophile are the dead opposite to yours as you can tell but I recognize the fact that not everyone is going to like the same product (system compatibility). What preamp, power cord, & interconnects did you use with it? The HCA-2 has only two gain stages with the output stage being digital. For that reason you can't expect a big parts count. Besides, the more parts a signal travels through the more it is degraded. When a straight wire with gain is invented that is where I want to be.