DAC Magic or MF V-DAC?


Second system consists of Wadia 170i Ipod transport to analog tube integraded amp (PrimaLuna Prologue Two).
Looking for D/AC in the $500 range. Seems everyone has positive thoughts on both the DAC Magic and MF V-DAC units.
In that price range, am I correct in thinking this is the two logical options? If so, could you steer me in either direction?
Thanks in advance for any comments.
markeetaux
I've owned the Benchmark DAC 1, the PS Audio DL III, as well as a Musical Fidelity V-DAC, haven't heard the DAC Magic.

To me, the Benchmark was too bright/harsh. The PS Audio was very nice, smooth yet detailed. But I ended up keeping the V-DAC. For about a third of the price of the PS Audio, it was very, very close. I'm still not sure if I heard a difference or if I thought the PS Audio was better because it looked nicer and cost more. I liked the V-DAC so much that I just ordered a second one for my headphone system.

Good Luck
I had a V-DAC and then bought a DAC Magic and I preferred the DAC Magic and so did everyone else and the I returned the V-DAC. The sound was fuller, it had a better soundstage, and I thought the detail was much clearer.

That said, I know there's someone reading this right now who thinks the exact opposite :)
How about Audio Sector's non-oversampling DAC? The kit is $330 for SPDIF. Less for USB. Assembled is $80.00 more. Not shown on Peter's site but still available.

It is very similar to ~$1,300 Altmann Attraction DAC but ~1/4 the cost.

Which is better?
Here is One discussion
I am using it as a decoder in a conventional 2 channel with Meridian transport. I spent 4 hours ABing it with my Audio Synthesis DAX tonight. By pure chance I eventually discovered that transferring the Oyade GPX power cord to the Meridian transport from the DAX made considerably more difference than switching between DACs. I am more than happy with the Meridian- GPX -V DAC but think there is still room for improvement so my wife is getting me a Little Pinkie V power supply for Christmas. The V Dac was also good for computer use, beating the rest at this also.
HiFi Critic sound quality test results (from the cheapest to the most expensive DAC; all prices in British Pounds/GBP):

Pro-Ject USB BOX @ 100 GBP - 22 points
Firestone Audio Fubar II USB @ 124 GBP - 25 points
MF V-DAC @ 150 GBP - 42 points
CA DacMagic @ 230 GBP - 32 points
Acustic Energy DAC @ 800 GBP - 26 points
Benchmark DAC1 Pre USB @ 1633 GBP - 24 points

V-DAC was had also the best jitter measurments they had ever tested.
I liked the Music Hall better than the Cambridge but I would still want to go higher. Between the Benchmark and the Apogee Mini-DAC I'd choose the second. Haven't heard the V-DAC yet, maybe it beats the Apogee.
you might also want to check out the Music Hall 25.2 DAC. With a NOS tube, a tube damper, and some vibration isolation it is quite good.
The V-DAC did considerably better in a test in HIFICRITIC. Also beat out the Benchmark. I bought one on the basis of it, not broken yet as I just got it yesterday.