DAC Choices - $5,000 to $7,000


What are the current top DAC choices in the approximately $5-$7K price range (new or used) that I should look at as possible upgrades to my current Metrum Adagio?  Having an on-board volume control is not a factor as I can operate my system either way.   If I wanted to spend more I would look at Totaldac, Rockna Wavedream Signature, or one of the other top-end contenders, but I selected the price range to achieve a sound quality that is consistent with the rest of my system and because I don't want to spend more due to the still evolving nature of digital technology.  I do like the more natural sound (to my ears) of NOS R2R DACs.  So far, I have considered the three below, but none seem to be a slam-dunk upgrade from the Adagio, which still sounds pretty good in my system.  The decision is complicated by having to "buy to try" so that I can hear one in my system.  Maybe now is not the time for an upgrade.  Any thoughts?

  • Denafrips Terminator w/DSP board - Reportedly has the full body/dense tone type of sound I like, but also has a high'ish output impedance 
  • Holo May KTE - Reportedly measures great for an R2R DAC and has strong reviews 
  • Rockna Wavelight - Some reviewers like it but others put it in the middle of the pack for the price
mitch2
Purchase a Lyngdorf DAC. They throw in my favorite amplifier with it for FREE! https://lyngdorf.steinwaylyngdorf.com/lyngdorf-tdai-3400/Seriously, I am also digitally inclined as apparently you are. I went through an number of Tube/Class A/Class AB/ amps with a number of DAC combinations. I found nothing as good as the Lyngdorf. And the Lyngdorf also met or exceed all competition with analog inputs too. Which was a total surprise. But, to each their own. Just a different path to suggest.
@cal3713 , yeah the Totaldac measurements are a bit confusing but there are so many folks who like how they sound.  I will look into whether any of the Mojo DACs have been critically measured as I would be curious to see how they measure.  The Holo May has been measured by two publications and seems to have done well.  It is certainly nice when measurements and sonics align, but it does not occur in every case and for me it is not absolutely necessary as long as I like the sonics.

@grannyring , everybody says their gear is "upgradable" but the reality is that in this hobby I have heard that more than seen it.  In many cases the new technologies force changes that are not retrofittable.  In other cases, it simply doesn't make economic sense.  One thing for sure, Ben's 45 day trial period is generous and if I decide to take advantage of that I will be committed to purchase except in the event the sonics simply don't match my preferences.  I would be interested in what your friend thinks of his Morpheus.  I am still not convinced it is a better sounding DAC than the two upper end Metrum DACs, based on reports from people who have owned both and also considering the less robust power supply and reduced level of isolation compared to the Pavane L3 and Adagio.  I am in a good position of having a pretty good sounding set-up currently so can afford to be patient as I search for something better and a bit different.

@jgoldrick , thank you for the additional information on Totaldac. 
@mitch2 He really did not like the Sonnet. Lacked body and weight. Not enough bass and again too electronic sounding vs his time with the Mojo. He thought the Sonnet sounded weak and “fragile” vs the solidity, ease, control and foundation sonically of the Mojo.
@grannyring I may have purchased his v3, as the seller was from MN :)

We've discussed the DAC recently and he was telling me how it has been tough for him to find a replacement for it...   I'm certainly very happy with it!
@grannyring , I heard those same comments about the Morpheus relative to the Pavane and Adagio, although the reviewers did not seem to think so.  I sometimes wonder about reviews but have previously found Srajan at 6moons to be reliable and mostly aligned with what I hear.
I plan to reach out to Ben and see where that leads me.