Good point, I forgot about the DAC in the WA7. It appears to me to be an excellent one (so far anyway) and I would therefore say it might even be fair to include the higher priced Gungnir for comparison. That would put the total price above the WA7 ($849 for Gungnir with USB plus $449 for Lyr = $1298)... Hmmmm.... The WA7 is looking better and better price-wise. Having said that, I'm not familiar with the quality of Bifrost / Gungnir and they might match or outdo the WA7's DAC. Hence the Bifrost + Lyr could indeed be a valid comparison.