I have this DAC (Dec 08 version) and in my system, beat the Bel Canto DAC3 in terms of musicality. The DAC 3 was full of details and top end energy but lacking in mid range warmth and tone, thereness w/o edgy highlight.
Now I am burning in the 2009 model w/ upgraded board. Check it out here: http://www.head-fi.org/forums/f7/valab-dac-first-impressions-378459/
YMMV,
Kenobi
Now I am burning in the 2009 model w/ upgraded board. Check it out here: http://www.head-fi.org/forums/f7/valab-dac-first-impressions-378459/
YMMV,
Kenobi