OP: depending on your preferences, you can be equally happy with either one. I like the R2R sound signature (especially when running in NOS mode) so I went with Terminator II. I had auditioned a number of DACs before settling on this one, and I'm very pleased with the performance so far. The DAC is built like a tank, sounds excellent, and you get full support from Vinshine Audio. Alvin is very very responsive.
