A lot of players used to use it from what I've read and it seems to have a following.
I would think newer DACs with newer chips can be as good or better, but don't know for sure.
There are newer DACs that also do not do oversampling. Many others do.
I've owned 4 CD players and 1 DAC since the mid eighties and I've always found each newer device bests the older without necessarily even costing more so I'm inclined to think that the technology has matured and improved greatly over the years.
I would think newer DACs with newer chips can be as good or better, but don't know for sure.
There are newer DACs that also do not do oversampling. Many others do.
I've owned 4 CD players and 1 DAC since the mid eighties and I've always found each newer device bests the older without necessarily even costing more so I'm inclined to think that the technology has matured and improved greatly over the years.