monarchy DAC-pre vs. benchmark DAC-pre

Been reading alot about sources as I begin to set up a new and small 2ch system. Originally thought theintegrated CD route was the way to go, but beginning to wonder about a DAC-pre (and a deccent amp I already have sitting around) and wonder if anyone has directly compared these 2? Also would be interested in other recommedations if similarly priced.

Thanks so much for any input.