Is there any such thing as a bad sounding DAC these days?

I agree there is probably no “bad” dac for audio enthusiasts in general.

Most likely the OP’s question misses the more important question and reality for us Audiophiles. Couple of things to consider. First, a dac cannot play music in your home all by itself as it is part of a complete audio system. Second, what sounds good is very subjective and influenced by system synergy and personal sonic preferences. I have listened to current production dacs that are well reviewed and priced up to $3000 (Benchmark) that just sounded awful to my ears in my system. At the same time I have heard current $1200 dacs (MHDT Lab) that I felt sounded good to my ears and in my system.
My point is this, not all modern day dacs will sound good to all people in all systems. Too many preferences and variables at play making it just impossible. So a modern dac can indeed sound bad in a given situation. To another person in another system my dac findings may be opposite of his. Crazy reality of this passion/hobby.

@lanx0003 my point seems to have been lost on you. The ASR review has nothing to do with my point. ASR reviews of Benchmark and Topping dacs are stellar, but they sound bad to my ears and in my system. This supports my point all the more.

I am talking about subjectivity being a reality with Audiophiles while you introduce only objectivity?