The EVS Millenium DAC -1A is the way to go. I have owned an EVS DAC ($650) for about 8 months. The performance is great. Ric Shultz (of EVS) also modifies MSB DACs, but his own design is superior. Check the comments found in audioreview.com. For the price range, there is none better!
MSB III vs. Soundstream DAC-1 by Krell
Got a Soundstream DAC-1 (the one Krell helped to design). Thinking about getting a MSB Link III. Thoughts? If this is a improvement how much of one? Vs. a upgraded MSB III (half nelson, etc)? Other Good DACs vs the price of a fully loaded MSB III (Half nelson, and unsampler) $850-+ Assembalge DACs?