Favorite High-Resolution Tube DAC?


Tell me what you think is the most analog-esque non-digital sounding 24/96-192 tube DAC available within $2500-$3500 price range (new or used) to replace my Reimyo DAP-777. Needs AES, BNC, COAX input. USB not required.
sakahara
Scratch the APL DAC-S. I do want a tube DAC. I was confused with other DAC's being researched, thought it was tube design.

Also interested in TRON Seven DAC. Waiting on price. Would have loved to try the Horning Sati but way up there ($15K?). Designed with DAD.
The Horning Sati uses AD1865 chip, which max out at 18-bit. So it won't really do high rez and may not fit your bill.

Have not heard about the TRON. Any good?
Unless you want tube dac to be able to roll tubes, the APL DAC-S is supposed to be pretty close to the APL NWO-4.0-SE tube based DAC/Player that I own, so I suppose similar signatures.
I decided to try the Lampizator v3 Level 3. I will also be auditioning the APL DAC-S in a couple weeks. Alex is very convincing. I am intrigued that the DAC-S offers much of what the NWO player does, similarly to how the Reimyo-DAP delivered most of what their CDP did.

With regards to Tron Seven DAC, I'm told to forget it with my $4K max budget. An updated version is about to be released and the price has gone up.
You will not be disappointed with the LZ3. Please also let us know how does it compares with the APL DAC-S.