Fiio would have a genuine hit on their hands if they offered a CLAS competitor that came in significantly under the price (think ~ $200?) of the ALO Audio Cypher Lab Algorythm Solo. This could be paired with the E11 for an awesome portable setup. As an alternative suggestion, a premium LOD...
You can get the Brainwavz M2 or M4 plus a Fiio E11 for under $100 right now as a deal through January. Seems like a steal. If I didn't have a new baby coming in a few days, I would be all over it.