Bricasti Design M1 SE - W/ LAN Network Streamer - Version 1.51 V. Denafrips Terminator

@thinman2  I have not heard the Denafrips but I have the latest Bricasti M3 with Ethernet bridge; I recently setup a Roon Rock on top 8th gen i7 NUC following Roon recommendations for every component; I love it. The Rock cost about 750 bucks all in; displaced my former InnuOs Zenith Mkiii; if you are using a DAC with UsB unfortunately you need to spend a good deal to get best audio performance, so in that case InnuOs or similar quality. I can’t recommend strongly enough just going with Ethernet renderer based dacs; Bricasti is a great US company and has excellent dealer and support network should u ever need anything. 
Good luck!

Cheesebert they sure do. My former msb discrete had an Ethernet renderer.

@yyzsantabarbara Not my experience but ymmv; Ethernet has consistently been the better choice. USB is a flawed interface for high end digital but we are stuck with it. 

@ddafoe I did not compare the M3 with the M1SE, but my dealer did and said that the latest version of M3 has a change to the main board that results in better sound over M1 (I think both flavors of M1); This assumes the fielded M1's have their original hardware.

@chesebert I had the MSB Discrete for a few months with both power supplies. At that time I had slightly different speakers than I do now so it's not a totally fair comparison (had Discrete with Dynaudio Confidence 30, now I have CF50); The discrete is an excellent DAC. I do think it faces very stiff competition from the M3 however, especially when you factor in the M3 is 50% less in price. I will not say one beats the other; Both are pretty awesome DACs and likely up there with state of the art sound in the price range. MSB performs the conversion from digital domain to analog via discrete R2R ladder, and the Bricasti does it with DSP and ADI 1955 multibit sigma-delta modulator and uses a very sophisticated patented direct digital synthesis (DDS) clock generator. 
I can tell you the M3 puts a huge smile on my face as it the portrays emotion and soul of the musical event in new ways to me. I don't recall any other digital component I've had in my listening environment having quite this effect on me before. I go by this as my yardstick, not lab measurements or what is better on paper, or what costs more. Cost generally is a factor yes, but sometimes there are those products that go way beyond their price point and are real head-scratchers. The Bricasti M3 performance to cost ratio is a game changer in my book; 

@chesebert i'm afraid to hear a high-end turntable setup, lol; I have never went down that path for better or worse. I do agree with you about digital streaming. I've been at this since 2007 when I first started messing around with Squeezeboxes and DACs; Last year was mega experimentation with lots of different DACs and transports; My current solution -- Roon ROCK core connected to "A" side of EtherREGEN, "B" side feeding the M3, is a wonderful experience. 
I did play around with the M3 digital filter settings and find I like the linear vs the minimum phase. I am stunned by how much sheer performance 44.1/16 bit contains. 
Cheers and enjoy the music!

@chesebert I have been using the M3 with the ethernet module; I used the USB input as well and prefer ethernet (sounds better); 

@djones51 Over the past 24 months with numerous USB Dacs, streamers, servers, USB enhancement devices and cables, I have proven to myself that USB is not an ideal interface for audio streaming-- sure it works and can sound good, but in very high performance, high resolution systems, it's my opinion/belief/experience that USB is inferior to a DAC with a competent ethernet renderer. Just one man's experience chiming in to fellow enthusiasts, as always, ymmv.