I believe that the following explanation makes a lot of sense;
http://sw1xad.co.uk/technology_post/delta-sigma-vs-non-oversampling-r2r-dac-designs/
So the readers digest version is that it is all a matter of implementation.
Everything matters and simplicity will beat unnecessary complication most times, particularly for most consumers' budgets. Everything must be taken into consideration and impedance mismatches between the digital source and the DAC account for a lot of problems that many listeners complain of. Everything needs to be implemented optimally just as with vinyl playback.
Now let me acknowledge that I am biased but I am also putting my money where my mouth is-I have a DAC II Special with USB on its way to me. And as I said before, I heard a top tier Audio Note digital rig at Axpona '19 and the sound was stellar.
http://sw1xad.co.uk/technology_post/delta-sigma-vs-non-oversampling-r2r-dac-designs/
So the readers digest version is that it is all a matter of implementation.
Everything matters and simplicity will beat unnecessary complication most times, particularly for most consumers' budgets. Everything must be taken into consideration and impedance mismatches between the digital source and the DAC account for a lot of problems that many listeners complain of. Everything needs to be implemented optimally just as with vinyl playback.
Now let me acknowledge that I am biased but I am also putting my money where my mouth is-I have a DAC II Special with USB on its way to me. And as I said before, I heard a top tier Audio Note digital rig at Axpona '19 and the sound was stellar.