The HT bpass in NOT on the DAC2 it's on the STI.
The HT bypass is the equivlant to direct to amp for the STI integrated amp.
The pre amp section of the DAC2 is not the same as the pre amp of the STI. The STI IS based on W4S pre amp.
As far as I can determine the pre amp built into the DAC2 is not. My guess would be possabily it is in the digital domain where as the STI is a resitive ladder arrangement with some added boost at higher volumes.