In the past 10-15 years, DAC manufacturers have been focused on features (sell! sell! sell!) that have become prominent in digital circles - namely digital signal processing. Filtering noise, equalization, and to some extent clocking (to bring out more detail) are the said features that were born under specialized DSP. Lately, the clocking aspect has been focused on jitter reduction as it is low hanging fruit when it comes to better sound at minimal cost.
Flagship DAC's of old tend to age well. IMHO, DAC designers of old focused on actually listening to their gear to ensure a non-fatiguing sound that was well-rounded and pleasant. If you have good all-around speakers, that is likely evident to you, and has grown on you. That sonic character is what they sold then. Now? Kind of akin to home theater, DAC's- like transports- are all about the features as mainstream steers towards a focus on selling attributes instead of polishing sound. It doesn't help that there are only so many chipsets available in order to create a house sound; which has made many DAC's sound similar - if not identical when some of those features are duplicated across manufacturers.