This is puzzling - according to a review in AS, Valin mentioned that he thought the differences between the REF3 and REF 5 were tiny,though he thought the 5 was an improvement (that the 40 anniv really gave him a good feel for the improvments). If the change (or improvement) is slight between the 3 and 5, how slight is the difference between the 27 and 3?
I have heard the ref 3 and LS 26, not in comparison but in seperate systems. Have not heard the 27 or ref5.