I bought two and plan to give them away as Christmas presents this year. I can't think of a better gift for a college student. I have owned Peachtree products in the past and they offer a great bang for the buck IMHO.
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The opening price of the 2 was ridiculous but it is now very affordable given its quality. I have the original DB which I keep, and intend to keep in my office. I listen via the aux jack instead of streaming since my iPod classic 160 doesn't stream - which I like - or via my Astell & Kern 100. I wrote Peachtree before the release and begged them to include a DAC with the new model for people like myself - basically analogue types - but, alas, the didn't so I blew $900 for the Astell player. Could have gone to Peachtree but what the hell...their loss.
I never had any issues with the DB1, and after debuting the DB2 for six hours today I have to state that given the cost, it sounds damn good/as good as the first model. On either I crank the bass to its minimum setting since it can quickly begin sounding too fat. I found the mids and highs to be acceptable and sometimes surprising. Through my iPod classic it sounded only as good as the iPod itself, acceptable but not truly remarkable. Not its fault. My Astell & Kern makes either model punch above its weight sonically.
All of this is intended to remark on my impressions on how I use it - exclusively for summer outdoor listening while grilling, etc. I don't expect it to sound as good as my main stereo, but it sounds better than 99% of the other portable things out there. The build quality is there, the reputation is there, (I also own their iDac) and the packaging is exceptional. This is one shipper you just won't toss out.
The carry handle is a welcome, needed touch, too.
If Peachtree makes a new model it better have a built-in DAC!!!