Over the last fifteen years or so, high-end two-channel amps and preamps have generally not experienced ground-breaking improvements in circuit design and listening and build quality. On the contrary, the market for high-end two-channel gear since the mid to late 90's has diminished considerably, one of the many results of which is that new designs do not benefit from the economies of scale that manufacturers enjoyed back then. What was a very high-end piece of two-channel gear ten years ago will often be better than today's high-end models, and cost a fraction on the used market of what you would pay for new gear. The short answer is that the X-1 is a very good solid-state preamp (of which there are unfortunately few), and there are only a handful of solid-state preamps out there at any price, be they current production or used, that compete with or beat it.
If you do buy an expensive new preamp, be sure to give it hundreds of hours of listening time before drawing conclusions - the effects of a good preamp on a system are subtle and take a lot of time to fully perceive.
Digital gear, in contrast, has tended to improve considerably because a CD player is part-computer (and computer technology improves over time), and I think it's safe to say that cheap and good-to-very-good digital gear now provides more bang for the buck. At the high end of the market, however, the power supplies and analog output stages of some 1990's models were outstanding and easily beat current production models. In addition, some current high-end manufacturers at the very top of the market achieve their sound through the deliberate use of vintage 1980's chips. In short, with very high-end digital, it's more complicated.
If you do buy an expensive new preamp, be sure to give it hundreds of hours of listening time before drawing conclusions - the effects of a good preamp on a system are subtle and take a lot of time to fully perceive.
Digital gear, in contrast, has tended to improve considerably because a CD player is part-computer (and computer technology improves over time), and I think it's safe to say that cheap and good-to-very-good digital gear now provides more bang for the buck. At the high end of the market, however, the power supplies and analog output stages of some 1990's models were outstanding and easily beat current production models. In addition, some current high-end manufacturers at the very top of the market achieve their sound through the deliberate use of vintage 1980's chips. In short, with very high-end digital, it's more complicated.