Or we could talk about the work of Mark Porzilli, who received his PHD in physics at a very young age (I seem to remember 21) who designed the Melos series of electronics, Pipedream speakers and this latest, very unique approach to digital playback:
http://www.thememoryplayer.net/#!d2d
Interesting - let's talk about this. From the website:
Something here is an innovation serving the progress of audio? If so I'm missing what it is.
All DACs do not have internal circuitry on the output of the DAC. Some (like TDA1541A, TDA1545A, PCM1702 ...) have current outputs. A DAC with '100% of the output circuitry and on chip components' bypassed would no longer be a DAC.
I can't see any technical advances here at all, just marketing FUD. What am I missing?