If you are looking for a great R2R DAC take a look at my review on the Audio Mirror Tubadour III SE DAC on the website Stereo Times. It retails for $2,500, is beautifully built and is exceptional music maker. By the way I know three listeners who owned Denafrips Terminators who replaced them with the Tubadour III SE and loved the change to this DAC.
Rockna Wavelight thoughts?
Rockna's new wavelight looks great at ~$5K, im guessing it sounds similar to the acclaimed big brother wavedream, very little reviews/impressions so far though, anyone have one or plan to order? im looking to try a good R2R. denafrips terminator was just OK in my system. i especially wonder how wavelight performs vs la voce s3 which is a similar price. couldnt find any dealers that would home demo the two. any other suggestions for +/- 5k?