I'd like to offer my very limited & preliminary view of a DAC I recently borrowed which touches on some of the points here - a Meitner MA-1.
AFAIK, the Meitner converts all inputs into 1 bit DSD internally?
I have only had this since Sunday & maybe put in about 3-4 hours listening to it.
I am playing files off the same laptop I always use for listening so this variable is at least controlled (see below) & I'm also using Jplay as the playback software. I have not yet managed to get playback of native DSD files working with it so this view may well change when I do. I used the cables that were supplied with the DAC by the owner - a USB cable (
http://ppastudio.blogspot.ie/2012/04/green-label-profess-ional-audio-grade.html) & a hefty looking power lead (don't know the origin of it)
My initial impression was - this particularly favours the mid-range side of the spectrum but it also seemed to tease out more layering in that mid-range area.
Then I discovered that the USB cable supplied with the Meitner was greatly responsible for this mid-range prominence.
I changed USB cables to my short 6 inch stock ones & the HF now returned but some of the layering seemed to be missing.
Anyway, I stuck with this set-up mostly for the rest of my listening, returning every now & then to the Green USB to check out the difference.
My impressions now were that with Oscar Peterson Trio, the piano had a perhaps a more sonorous & possibly realistic tone (I'm not a piano player so can't say for sure) to it with the notes lingering & trailing off nicely. However, it seems still to favour the mid-range detail & layering. Nothing wrong with the bass but the HF end seems subdued & as a result it can sound less dynamic than my other DACs.
This is my impression so far & it only relates to the USB input - the Meitner uses the ubiquitous XMOS chip for USB duries. The other DACs I compared it to are all S-D (my own JKDAC32 using PCM5102 DAC chip) with Naksa amplifier & the NAD C390DD digital amplifier (which uses a different approach using DDFA chips). With both of these there is definitely more HF coming through which gives the sound a more up-front, less laid back feel. Which is the correct presentation, I don't know as I don't have the original recordings to judge by. All I can say is that I seem to be missing this & I can concur, so far with Mani's view that something is missing at the top end. Could it be the XMOS chip? Could it be the PCM to DSD conversion process? I simply don't know yet.
I have briefly tried the SPDIF inputs which sound different to USB input but too soon to say what my impressions are.
I will be taking the setup to a friend's house over the weekend for more exposure to more ears & more equipment. Hopefully, I will have a better feel for the sound of this DAC after that.
Anyway, I thought I would pitch in my impressions & see how they resonated with others & also how I might get the est out of the DAC. I'm not down on DSD - I'm trying to judge it impartially.
Oh & BTW I hope to compare it to a great TT setup my friend has so this will bring another yardstick into play