New DAC or New Speakers?

A new DAC will change basically nothing. Pull one out of a big box store AVR and you won't be able to tell the difference. Want a better/different sound? Try new speakers. This isn't even a question. Anyone who suggests a new DAC thinks we're still back in 1978.

Just FYI I ended up buying the Ø Audio Frigg speakers. With my VAC amp, the Friggs sounded better than the Devore O96s and the QLN Prestige 3s. 

Thanks for following up. I am a QLN 3 owner, and they are very good, excellent imaging. But they are maybe lacking a bit of ‘fullness’ to the sound and I am looking around. To date, the best demo I have had is the Vandersteen Treo. The Frigg’s are on my radar, but no where close to demo them. On paper they seem a good fit. Can you contrast your experience with QLN vs the Frigg’s?

@zlone QLNs were definitely nice, but I didn't think they beat my Harbeth SHL5+ with sub combo. Maybe on par with that combo. 

The Friggs have a similar tonality to the QLNs, but scaled much larger, much fuller sound, way more bass, better imaging - all the things.... They were a step above the QLN 3s for sure. Maybe the 5s or 9s would be on par with the Friggs. 

The best sound I've heard so far were the O96s. But they were in an amazing room with a ridiculous 50K DAC. I preferred the Friggs to the O96s when in a more normal room and more affordable DAC. 

@jacupmakeup Thanks for the comments. Can I ask what size room you have? I am always concerned about overwhelming my 12.5x11’ room with too much bass. On the other hand, the QLN’s are tad light in that department.