FiiO could always go one better than the AK120 by implementing a DAC with 'pulse array' technology... http://www.chordelectronics.co.uk/chord-dac-technology.asp the new 'black'.
+1, with the right attention from Fiio plus the success they are going to have with the X3, I think X5 will be wonderful, maybe better then AK120?
James, help !!!