@devinplombier One thing we can agree on, I think, is that whether standalone or integrated to an amp or to a DAC, a preamp or preamp stage is always involved.
The quality 'gain' stage (or buffer) in Harmony micro Dac I was referring to earlier is NOT a preamp section, rather a 'voltage' gain stage serving two purposes: increase of voltage to line level and impedance matching. It does not have the volume control to be qualified as a preamp section. However, it drives my amp pretty well. The 32bit digital volume control from Wiim Ultra renders no resolution loss, transparent sounding even down to low level.
at the risk of being labeled a VC snob, I am going to have to respectfully push back against the notion that a digital volume control, even a 32-bit one, is an acceptable choice in any but value-conscious devices.
I wouldn't call it snobbery, but there's definitely prejudice involved. I did a simple comparison between the digital volume control on the WiiM Ultra and the 64-step relay analog volume control on the highly praised Schiit Saga 2. At normal listening levels (60–65 dBA), the sound quality was nearly indistinguishable—both were detailed and transparent. However, at lower volumes around 45 dBA, I actually preferred the digital volume control. It delivered articulate bass and clear treble, while the analog counterpart sounded a bit muddy. You might argue that the Saga 2 is only mid-end and that a high-end preamp would perform better. But that’s precisely the point of this comparison: I was able to get better sound at low volume from a device like the WiiM Ultra, which is priced similarly to the budget-friendly Saga 2—whereas achieving the same low-volume performance with an analog preamp might require spending significantly more ($$ or even $$$). Note that the soundstage shrinks in both scenarios—there's no clear winner in either case.