Ransom
Just a couple of points to share re the Moon neo 280 which I also listened to on my search for a DAC.
Re the pricing,, it's a bit more complicated that the previous poster mentioned re mark up and price. The Moon has a few options and an upgrade card to consider.
You can add streaming and a volume control for what seems like a lot of money. It's branded as MIND
Then they recently put out an upgrade card for the processor which retails for close to 700 CAD ( 600 is the USA). I have seen some dealers list a Neo 280 with out these features and it makes a large difference in price.
I'm in Canada where we pay more because of the current currency conversion so the price i get is sometimes quite a bit more that what you can get it for.
Even though the Moon is made in Canada these days every thing is priced in USD.
Re the sound,, if your considering to buy a Moon Neo 280 you owe it to your self to listen to the 380,, not the same animal. By comparison the 280 is tighter and more steely sounding.
The 380 was lush in the bottom end and open high highs, which is typical Moon signature. Over all just a bigger sound with a jump in the quality that was obvious to hear, not a back and forth A to B to A thing. You listen to one and then you wonder why they make the smaller one,, like,, just put your best foot forward and make it priced competitive kind of thing, it what your saying to your self.
Another funny thing about the 280 and 380 is you need to listen to them streaming vs usb connection. They just don't seem to do a great job via usb but really have it together for the streaming ability.
I listend to a 380 with a brand new upgrade card just installed and not yet burned in through a Moon 230HAD via HiFI man HE560's, It was magic for me. I listen until the store closed.
The 230 ( headphone dac combo) seems to be an OK DAC but not a great DAC but pretty good headphone amp.
There was something very very musical about the combo I heard.
For me a 360 with the optional steaming module and the volume control and upgrade card at a repeat customer discount was $4800 CAD, Likely you could find it for 4,000 ish USD
I would have bought it but i don't yet want to pay for a streamer. AND the 5K price tag had me shaking a bit. After all this little trip into headphones only started when I pulled a pair of Beyerdynamic DT990's out of a closest and realized the 20 year old phones just didn't work well any more,,,,,,, Then I wen shopping and found this web site, then i bought a new pair, then another pair, then i went to a headphone meet and then,,,,,,,well you know,,,,,,I spent way too much dough,,,,,,,,I just wanted a dac. I have a Schiit Mjolnit 2 that i use with tubes and really really like it. I ended up buying a Yggi although might have been just as happy with a Gungnir.
Funny thing happened to me after I got it all set up,, I started listening to my speakers in my small system that my headphone gear is set up in. I have a NAS corded to a Yggi connected via balanced connection to a Mjolnir2 as a pre amp then out to a solid state two channel to a pair of Linn Katans in my small living room.
Two weeks later I now own a pair of Opera Grand Mezza speakers with a Naim 5si on order for delivery next week. My 4 pairs of headphones are hanging up for now. Go figure.
All that due to the Yaggi. ( to be fair another equally good DAC might have done the same thing)
I have a big rig in the basement that plays vinyl, quite nicely i might add, but now I mostly listen to the smaller room set up.
Note for you,,, if i had of bought the Moon I likely would have been just as happy. AND $1600 poorer, I might add. It doesn't do what the Yggi does in resolution and detail and controlled bass, but it is so bloody musical and absolutely luscious bass (not loose, not tubey, not coloured) just smooth smooth smooth,,, mids are very good , not stellar, and smooth high highs.
If you listen the Moon and don't have your foot tapping you might as well watch TV and save your money, at least in my book. Sometimes you gotta throw out all the technical details and go with what makes you move. Like I said i use a Mac air playing Audirvana and really like the set up so a streamer was an expensive option. The way that's changing right now i'm not prepared to jump in quite yet, maybe next year. Hey Schiit's are you listening?,, thats a streamer to pair with the Yggi please and thanks.
Anyways those were my impressions, I listen to a really wide range of music, basic classical, piano, simple jazz, vocal, choral, 60, 70 and 80's pop, spanish guitar, and some out right weird stuff on the synthesizer. Hope that helps for you.