I also think the DCS ring dac architecture is SOTA in its ability to fill in those microdynamics in an ear friendly manner (though it is still just an estimate of what is missing) as a result of its highly randomized dithering capabilities.
Other well executed DACs like the mhdt's at various price points are extremely close however. USe of the tube out stage in the tubed mhdt DACs can help also by applying an ear friendly very high frequency low pass filter, as does a lot of gear out there, either via tubes or other approaches.
Other well executed DACs like the mhdt's at various price points are extremely close however. USe of the tube out stage in the tubed mhdt DACs can help also by applying an ear friendly very high frequency low pass filter, as does a lot of gear out there, either via tubes or other approaches.