Gents, the Theta V A has a classic R2R sound (with a couple of twists). The Schiit Yggdrasil is more like that too. The MSB Analog (w.Quad/latest firmware) is not like that. It's beyond the resolution of the best D/S or R2R DACs I have heard and it's quite analytical for an R2R DAC. It has only a very controlled amount of R2R love. This is not a romantic sounding DAC and its resolving prowess is accompanied by exceptional macro-dynamic range, amazing clarity, pin-point precise imaging and expansive sounstage. This DAC can byte ones head off, when called for (imo in a good way), or can be very punishing of bad recordings. It is NOT nice and quite neutral sounding too. But I would not have it otherwise.
For a nice sounding DAC I recommend the Theta V A or Schiit Yggdrasil. I don't want to discourage anyone from hearing the MSB Analog, because as I said, it is the best DAC I've heard so far. Period. It's technical performance is facilitating the recording qualities to come to life (more so than on lesser DACs). Just trying to set expectations right.
The Analog is the entry level DAC to the MSB range... so I am very puzzled. If the baby DAC does this, what else is out there? To answer it, I am looking to get a full Signature V stack at home.