Assuming you have good headphones driven by a good amp you will certainly notice significant improvements with a much better DAC.
Do I need a headphone or speaker to appreciate high-end DACs?
This is a common opinion I hear on forums:
That to appreciate TOTL DACs you need a very resolving transducer.
My question is, to appreciate such quality, do I need speakers, or will headphones be enough?
Typical TOTL DACs i hear are from dcs, Chord, Mola Mola, Holo, Lampizator, MSB, Rockna, Weiss etc. To enjoy that level of fidelity, do I need speakers?
When I say "enjoy", I dont mean subjectively feeling good. I am asking about the differences being big enough to spot on in blind A/B testing, compared to say, a 200$ Schiit or JDS.