Scott Nixon makes some great DAC's, probably beat the pants off the Dac Magic piece from what I've read.
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Second the Scott Nixon. I've owned lots of DACs including the Chibi with the external PS and it sounds great!! Still preferred my Audio Sector but hey not a fair fight. The Nixon was open and had a bit more punch on the bottom end than my Audio Sector. With confidence I would say overall better as a pure DAC than the DacMagic.