Well, I have a Meridian 563 DAC. It's quite good on Redbook CDs; obviously it won't decode DSD or higher sampling rates. I've had a chance to compare it to a Naim DAC (the larger case, not the shoebox nDAC), and the much newer and more expensive Naim is quite a bit better - more extended, better grip, more transparent, etc. It retails new for something like $4500 and I wound up with the 563 for less than 10% of that.
I also thought the Meridian was decisively better than the DA section of the Oppo 105 (I had one in home for the 30 day trial).
On the other hand, the Chord Hugo was quite a bit better, and new retail in the US is, IIRC, about $2500.
Moving down pricewise, the only other modern DAC I've tried was the Wyred $1500 version. I'd give the edge to the Wyred, but not by much, and not in everything - the Meridian has a better sense of ease - things flow better - but the Wyred offers more clarity and transparency.
I also thought the Meridian was decisively better than the DA section of the Oppo 105 (I had one in home for the 30 day trial).
On the other hand, the Chord Hugo was quite a bit better, and new retail in the US is, IIRC, about $2500.
Moving down pricewise, the only other modern DAC I've tried was the Wyred $1500 version. I'd give the edge to the Wyred, but not by much, and not in everything - the Meridian has a better sense of ease - things flow better - but the Wyred offers more clarity and transparency.