Wrong in what exactly? The Elite Reference LOD destroys every LOD I've ever heard before including your own shown in the picture (which I also have). And depending on what amp you use-couldn't tell-if the design includes capacitors in the signal path in the output stage, extra BG caps in the LOD are not necessary.
If you mean to infer that the WhipMOD beats out the iMOD, I can't confirm it until I have auditioned it myself. Hence, my original comments were restricted to the Elite Reference LOD only.