The Fostex and Jade DACs might be comparable to the Audio-Gd Ref 10 in terms of price, but I will bet you they don't come anywhere near it in terms of engineering and build quality. The Reference 10 has eight separate linear regulated power supplies; Kingwa prefers to run his regulators class-A, feeling they have improved regulation response speed and better regulation dynamics than other regulator topologies. There are three R-core transformers. The output volume control on the Reference 10 uses four banks of discrete step attenuators, built using relays, to control current gain in the ACSS stage. This current-based approach should offer a host of advantages over the typical voltage gain control or voltage attenuation which is used by other manufacturers. ACSS stages are only found in Audio-Gd and Krell DACs, as far as I know. All audio stages rely on discrete circuits using selected parts.
Does this make the Audio-Gd Reference 10 sound better? Well, isn't that the question! I think that all that power supply overkill and extreme attention to audio engineering details SHOULD result in better sound, but of course you'd have to listen to them side-by-side to be sure.
Compare their build:
Audio-Gd Reference 10

Fostex HP-A8
I see some SWTICHING supplies in there, and loads of IC's. Linear supplies and discrete analog circuits are often thought to offer superior sound.
