Hi Z'man,
I appreciate your threads. Your comparison on upsampling vs. non-upsampling was a fine piece of work. Didn't mean to come across as defensive.
The Audio Note DAC's do not use digital filters but do use custom analogue filters. In fact, the quality of these filters improves as you move up the line.
They all use the Analogue Devices AD1865 18 bit chip, they have no optical link and use these custom tailored analogue filters to roll off enough of the carrier frequency at 44.1 KHz to render it inaudible.
In addition, from the DAC 2 up they use the patented interface matching transformer coupling curcuit in varying quality as you move up DAC levels. Many actually using transformer coupling to the output stage instead of capacitor coupling.