@dbb Surprisingly, it did not not reduce the transparency. I can still hear all of the details. I am using Altec A7 speakers which are over 100db efficient and it added a slight bit to the noise floor but you need to put your ear up to the treble horn. Preamps I had before this were Pass Labs X1, Modwright LS 36.5, Black Ice Audio Fusion F360. All had a higher noise floor. I tried the Topping D70s direct which was excellent on it's own and lead me to the PRE90 which on it's own is dead silent.