It seems the Mercury I2S is about as detailed as the Lumin U1 Mini thru its USB into a Denafrips although it seems a little sharper sounding. Have not compared it to the full U1 yet.
One drawback I did not realize is that it is very limited to formats. I do not see any DSD and for PCM nothing over 192kbs. Maybe I am missing something? I have it setup with the vendors version of RopieeeXL and using Roon. The Lumin on the other hand can do DSD 2.8Mbs upscaled audio.