PS Audio just released their new DAC, the NuWave DAC. The MRSP is listed as $995. This looks like the replacement for Digital Link III, since that's not listed on their site anymore. Seems to have all the standard features (24 bit/192 kHz) with both balanced and single ended outputs. It accepts USB, coax, and optical. Wonder how it will compare to the DL III? I have heard people say that they found DL III to be a bit smooth and very musical in comparison to something like Schiit Bifrost which is meant to be purely transparent without any enhancements or any upsampling. The NuWave, like the DL III, also has upsampling capabilities. Personally, I would like this DAC to be more like the Bifrost with a much better performance of course. The USB connection is asynchronous - hopefully with better jitter and other technical performance.
Here are two links:
Edited by Zoom25 - 5/19/13 at 9:10am