IMHO, "order of importance" is determined more by the difficulty of matching/synergy that any component presents than where it stands in the chain. Because of that I consider the speaker selection is most important. Speakers not only present the greatest variations in sound but also present the greatest room/set up challenge. Nothing is easy for the neophyte, but with some research about speakers and a subsequent commitment to obtaining the 'sound' that they are capable of producing is easier than trying to back speakers into an established electronics chain. FWIW.
Help: Order of importance: Pre, Amp, DAC, speakers
I am a bit confused now. I bought a pair of 1.3SE's with an Sim Audio i7 and a benchmark DAC1. I am very impressed with the results. A buddy of mine came over with a pair of generation old Tannoy reveals which performed remarkably with the setup, very close to the 1.3SE. Now I am a bit stupified why I should spend so much money on a speaker. Am I just dreaming? Does the Pre, amp and DAC really shine above a speaker purchase? Thanks for the feedback!