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Because we werent looking for just yet-another-technical-solution to a well-defined implementation problem, and hence because a good enjoyable sound was given top priority, our design decisions have mainly been guided by extensive (sometimes blind) listening sessions. This implies that lots of design decisions are subjective in nature, which to our opinion is an advantage instead of a disadvantage. It is very difficult to translate ones preference into technical quantities or technical solutions. So, finding a good balances between well-known technical properties of electronics, and a correlation with our perceptive observations (and preference) have been the most creative part of this project. Although we havent found answers to all questions, the final result is - in our opinion - a very nice DAC! Direct comparison with the Audio Note DAC-3 (which started all of this) reveals that our final product sounds at least an order of magnitude better in almost all aspects (confirmed by at least 2 AN-DAC 3 owners). Our DAC has gained a lot of appreciation by many people, resulting in an initial batch of 25 samples.
http://members.chello.nl/~m.heijligers/DAChtml/dactop.htm
http://members.chello.nl/~m.heijligers/DAChtml/dactop.htm