It's not really even a pre amp out.
Regarding balance and SE I am not convinced by far one us better than the other.
It's all about topology so either is fine.
But your point of better dacs is true and easy to hear the moment they are compared
But as a desk top setup and just being for headphones I could not justify buying an Hugo or micro DSD over it.
It is the better amp. Buy a far margin. Also neither one benefits tottaly when connected to the amp of the hdvd800.
It takes the top end off a little on the Hugo making it better in some ways and worse in others.
And the micro DSD becomes dark. I am not sore why but it's much better with any other dacs I have.