Jeffreyb own's both. Maybe he'll chim in.
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I own the EMM combo and, a while ago, had a friend's Reimyo in for comparison. The Reimyo is definitely a SOTA player--no doubt about it--but I'll be keeping my EMM. The Reimyo had a warmish tone overall that have led many to call it more musical than the EMM. I don't hear that at all. In fact, I think the EMM is every bit as natural sounding as the Reimyo, but is more accurate and resolving, which may lead to criticisms of being analytical and somehow thin. In addition, the Reimyo, at least during my comparison, sounded a little tizzy on top--which really surprised me. And it doesn't have SACD--which, for me, is a sticking point. But none of these are fatal flaws for the Reimyo. It's built incredibly well and likely will outlive the owner. It's probably the best one-box player I've ever heard. In my situation, however, I just liked the EMM better. YMMV.
I've heard the Reimyo in Jeffreyb's system compared to the LATEST CDSD EMM transport and DAC6. The EMM was better in every respect and overall sounded much more live and natural. The difference was not subtle either. We used the XRCD2 version of "Jazz at the Pawnshop" on which the Reimyo should show all its strenghts since both the recordnig and the player use JVC's K2 process.
No1Will, there is another thread "Reimyo vs EMM" that was begun on 5 05 05. It comes up in a search under "Reimyo" in digital.
Thanks to everyone who has answered. For the record, in the other thread some people expressed preference for the Reimyo in a back to back comparison of RBCD playback. Wish I could hear both in my own system.