Best Dac you ever heard

Theta Gen V. However, I am told (by the owner of the Gen V that I heard) that the DCS is better, but I have not heard it.

Here's my opinion based on limited experience. I've only heard the MSB Link DAC in someone else's system, but I own both the Bel Canto DAC 1.1 and the new Kora Hermes and without a doubt like the Kora the best.

The Audio Aero.

Electronic Visionary Systems(EVS) Millennium DAC(any model). Unfortunately they have recently been discontinued but are incredible values on the used market if you can find one. I've seen DAC IIs for as little as $800 and DAC 1s for around $400, which is just a downright silly bargain for a DAC that competes with the best. For what it's worth.

Tim

I have to agree with Audio Aero, bests the big guys by a bit and is affordable, in fact I am going from accuphase to the new capitole, and saving a bit of $$. Though I haven't heard the new accuphase(ala DP-85), I would like to keep both kidneys and selling one of them would be the only way I could afford one of them(DP-85) right now :) Honorable mentions must be given to Linn the CD-12 is amazing.
Tim
BTW Dave the Rega not hacking it any more? or just curious, if you want I can make you a deal too good to be true for my accuphase unit....had to try ;)