I find the 2020 to have a liquid sound with very good resolution. The bass is solid, providing a firm foundation for music. This is noticeable for classical music as well as for driving bass lines in pop/rock. There is a bit more body and the DAC seems to convey the force of music well.
This is in direct comparison with a Playback Designs MPS5 as well as a Zanden 5000S Signature. I have also had the Esoteric P03D03Rubidium, DCS Elgar Plus stack and Wadia 931/921 set, many at the same time. The 2020 is clearer than the MPS5 which is in turn clearer than the the Esoteric stack if it is set to upsample to DSD.
The MPS5 upsamples to 2X DSD like the Emm Labs but I think it does a better job than the Esoteric (the notes become too diffuse with the latter).
The Wadia is on the opposite end; super clear attack and decay, eerily silent background and incredible bass when driving an amp directly. I miss that unit, it really is different from many of the DACs or CD front ends I have had in house (others include Naim, Levinson, Accustic Arts, Audio Logic, Altis etc.).