If you just play Redbook the Schitt is the way to go, as it will convert redbook (pcm) "bit perfect".
But if you want to play dsd then the only answer is the Cary, and you'll take a bit of a hit doing redbook (pcm).
The $870 DSD playing Delta Sigma Gustard X20 DAC sounds better than The Yggdrasil according to three who have A/Bed them. One of those three just sold his Yggy on this forum a couple of days ago. He is keeping the Gustard. The only truth is how something sounds, not an opinion based on non listening to the things being discussed. The Cary may be as good as the Gustard....maybe better. I have not seen a post by anyone who has listened to both. The Cary looks very nice. Those AKM DACs are suppose to be very good. Dual mono too. I am doing mods to the Gustard.....so take my comments on it as you like. I am, however, quoting others who have posted on their own (non modified units).
Sorry to awaken this old thread but in some music content - especially rock, the Cary 200TS beats my Luxman D-06 dac. These two compliment each other very well as the Cary has a bit of a cool sound to it where as the Luxman is warm in the vocals. The Cary sounds like a $4k dac but the Luxman is overpriced at $5k. I think it would do better around the $3k price. I love the up-sampling capability of the Cary and what the Luxman does to vocals. I have many other dacs in the $1000 price range and under and these two cannot be compared to them. ESS dac based options cannot compare to the musicality offered by TI BB and AKM chips. Everything I have by ESS I cannot listen to 30 minutes or so at a time where as the others I don't want to stop listening and have to force myself (mainly for the lack of time).