Pete:
I many ways your tastes in music are similar to mine: as you said, "focus on subtlety rather than slam". In terms of your questions, all I can offer is what I have learned in my own experience. My suggestions would include another candidate; the Audio Logic M34. It may be a bit more than your budgeted list, but is a very worthy candidate. It is a tube DAC, and is very sensitive to tube selection (particulary the 12AU7s) which gives you a lot of latitude to tailor the sound to your own preferences. I own this piece and have no thoughts of parting with it. Perhaps Pat (Rx8man) will chime in on this thread....he had one of the tubed Cal DACs and now has the AL34. He could clarify his preferences (I know he is happy with the AL).
The downside of the AL DAC is that it is thinly traded in the used market. Yes, you may be able to read something into that.
Two last things I would offer from my experience; I did not really begin to appreciate the AL DAC until I put a good transport in front of it (for budget purposes, there are good transports available in the $500 price range), and secondly, both the transport and the DAC are (IMO) very sensitive to loving good isolation.
I many ways your tastes in music are similar to mine: as you said, "focus on subtlety rather than slam". In terms of your questions, all I can offer is what I have learned in my own experience. My suggestions would include another candidate; the Audio Logic M34. It may be a bit more than your budgeted list, but is a very worthy candidate. It is a tube DAC, and is very sensitive to tube selection (particulary the 12AU7s) which gives you a lot of latitude to tailor the sound to your own preferences. I own this piece and have no thoughts of parting with it. Perhaps Pat (Rx8man) will chime in on this thread....he had one of the tubed Cal DACs and now has the AL34. He could clarify his preferences (I know he is happy with the AL).
The downside of the AL DAC is that it is thinly traded in the used market. Yes, you may be able to read something into that.
Two last things I would offer from my experience; I did not really begin to appreciate the AL DAC until I put a good transport in front of it (for budget purposes, there are good transports available in the $500 price range), and secondly, both the transport and the DAC are (IMO) very sensitive to loving good isolation.