So it looks like this new DAC is in the early stages of development. However, it’s not a DAC meant to outright replace the original Directstream. So it’s not a "MKII", rather a much higher tiered product they plan to sell alongside the original Directstream. Further software development will continue to happen on the currently selling Directstream. This new DAC is well beyond my budget anyways haha.
PS Audio uber dac
While browsing the PS Audio forums.. talk is.. PS A will be coming out with a $20,000.00 dac in the near future. I think Ted Smith is the design guru. Seems like a lot of scratch for a product from a known ’value for money’ oriented company. Wish them luck...lots of stiff competition in that price range.