Of course, Douglas Self doesn't really know amplifier design. Third iteration 120W Class XD <<< First try 60W Circlotron. You also don't get better bass with a 225W amplifier compared to a 60W amplifier.
I agree, it does look like value if you read it as an ultra headphone amp with speaker amp function. I mean, I paid 1500€ for a Blockhead and 700€ for a CEC HD53N so 1250€ (though you just know it's going to cost over 1500€ in Europe) does look OK if you read it like that.
You just really have to care a lot about your headphone amplifier. And it has to convince Blockhead, Beta22 and Balanced Dynahi owners to sell their amplifiers before that value is is apparent.
I look forward to being the a$h0le who tells the Balanced Dynahi seller this:
You just upgraded to the Ragnarok didn't you? Go stand on your head in the corner for 20 minutes, as a punishment from Kevin Gilmore!
PS: If REDACTED means thermally stabilized proprietary multibit, you are the Schiit!