New vs. old DACs - opinions?


I'm on the market for a new DAC. I've noticed that you can find used DACs from, say, 8 years ago that are heavily marked down from their original price. I just saw one sell for $400 that was originally $1500, for example.

So, correct me if I'm wrong, but the progression of DACs seems very different from that of amps... an old amp, like McIntosh, is still highly competitive today... but it seems that newer DACs are more evolved, refined, and use higher quality parts for less money, right?

Another thought is - before DACs were as widely used as they are today, perhaps the mark-up was much greater in the past...? Where-as now, with the influx of foreign manufactured DACs, there is a healthy bit of competition that keeps prices down by limiting the manufacturer mark-up. Correct me if I'm off here as well.

So, overall I'm wondering if I would be better off buying something new like a Keces or MHDT DAC or finding something older that is heavily marked down.
djembeplay

Showing 1 response by sns

I agree with Bob, in general, newer DACs more resolving and exposing of warts, older less resolving and more forgiving nature.

I just recently revisited a review from Feb. 1992 Stereophile of the ML No.30 DAC by Robert Harley. This was a state of the art processor priced at 14k in '92. Harley raves about this machine as head and shoulders above anything else available at the time, needed it's own category in recommended products. He describes precisely the sonic attributes I hear in my present digital setup, a newer and lower priced setup. I also hear these attributes in current more upmarket digital from Wadia and Esoteric.

My take is digital, at least at the top of the market is making real strides forward. Now, do these improvements trickle downward into the less expensive spread? I would think this can only be ascertained on a case by case basis.

I do think a lot of newer digital relies solely on processing speed and other parts upgrades without addressing other, perhaps more important aspects of performance. I certainly see a lot of newer digital with very low parts count, weak power supplies, just lots of empty space, selling at serious money. In this case, I might say the older digital with more guts may be better. Still, a case by case comparison would be needed.

My own experience has been that digital made some major strides in the reasonably priced spread somewhere around 2000. Generalizing, I would look limit my purchases to digital after this period. The highest priced earlier digital may also be a viable choice, if I could get a ML No. 30 or 30.5 at perhaps 4 or 5k (I don't know current market prices), that could be very enticing.