This is exciting! I work for ADI and designed the AD5791 & AD5781 DAC IC's in the Yggdrasil and Ragnarok. But that was about 2009. I'm delighted a new market has been found for these products. As the Yggy blurb explains, I never considered audio when I designed these DACs. In fact the main motivation at the time was medical imaging - the nice folks who make MRI scanners are awfully fussy about performance, and for good reasons!
To be honest, I'm genuinely surprised this makes a good audio DAC. It's terribly expensive and I always assumed the code-change-dependent glitch energy would make THD unacceptable to audio buffs. (There are some ingenious board-level tricks around this but they are difficult and expensive to achieve - I'd love to know if the Yggy designer is using them ... feel free to get in touch!) On the other hand, the AD5791 architecture is unbeatable for noise. I really don't know what you audio perfectionists are hearing when you listen - is it THD ... or noise? Some combination of both, I imagine ...
Anyway, after years of designing products for specialist scientific, medical and industrial equipment I really like the idea of seeing my design in something I could use myself ... must get one of these! Given the prices, and my lack of sophistication when it comes to appreciating audio fidelity, I think it'll be the Ragnarok ...
Roddy