PS Perfect Wave Trans/DAC versus Meridian 808.2

The PW DAC is also a preamp. Has anyone used it this way?
I don't know how a previous poster could compare it to another brand that is just a DAC with no network ability or preamp functions.

PS Audio's literature says the PWT transport will play DVDs.

I have. It sounds great.

I think the DVD's the PWT will play are hi-rez one's made on a computer. It will NOT play regular DVD movies and I do not believe it will play DVD-A's. You can rip DVD-A to your computer and transfer that to a DVD disc and then play that using the PWT. Or just play the ripped DVD-A files from your computer through the PWD as I mentioned before.

Is this some kind of joke or what?

The Meridian OF corse!!!By a million miles!!

A Meridian rep was kind enough to bring over a 808.3 so that I could hear in my system today. Not much difference going into my preamp versus what I have, But going directly into my amp balanced, the three of us there were super impressed from the first few notes - what a great sounding unit which must have a wonderful preamp in it as well. Showed me that my current speakers, amps and room could give me much better sound with a reference grade source.

I had a Meridian 861 v 4.2; with a G-98 transport; going into their HD621 switcher; which had the apodizing filter..using Bryston 28sst's monoblocks and analog speakers...found the Meridian gear very digital sounding; and it limited sending full frequency range into my analog rig..the music never seemed to sing...lack of base; no sparkle on the treble..ok; but sounded very veiled and digital.
Sold that; and got the PS audio wave transport and dac, now running into VAC tubed preamp; and also my Qsonix music 205 server thru the dac via balanced PAD cable...sound stage opened up as if by magic; much fuller frequency response, sparkling cymbals and warmth in the voices; awesome base, and the music server thru the digital input of the PSaudio dac is phenominal....so much more enjoyable; and less 'digital than when I used the Meridian...for a fraction of the cost... I have the dac only set on filter 1; the apodizing filte; have not found need to experiment with the other ones..Ilike this...of course; I did not make the investment in the meridian 808.ii or iii; i think Meridian works great in an all Meridian rig, with their speakers, etc; but lacks some magic when used with conventional analog amps and speakers...
just my two cents from living with both types of gear for a while; glad I saved the money; and got better sound...but your ears/your system, your money...all good choices...good luck.