A state of the art DAC usually targeted at top of the line systems. Considering it sonically competes with the very best 100k+ DACs (MSB, Aries Caret, Wadax, dsc…), it’s a relatively good buy.
Still, the Horizon is out on my budget. The subsequent Poseidon at 25k seems a sonic bargain, so it along with PD Dream DAC were my end-game options. I ended up with the Linn DSM/2 with the Organik DAC upgrade- a sonic bargain.