Where are the noise figure you are quoting? Note the HDPlex has maybe 70USD worth of Elna Caps for smoothing. It is used by many building Caps and they also do caps units as well.
I thought it was good value and has been reliable and quiet. Thgere is many cheap crappy units from China but this is not one of them. The Uptone Audio unit (same R-Core) is 3 times more money. Also the unit you say is better is 100Watt not 150Watt.
In addition many of the devices in this area needing DC power are low in consumption. I had my EVo convertor, EVO clock and my Mac Mini all running on the HDPlex. The MEIYAN has ONE OUPUT plug, that's it. So in my view the HDPlex get me 3 LPS supplies in one box, 150 Watt capacity, so is a good buy. Also there is a genuine 3 year no questions asked warranty on the HDPlex with the German importer. Good to know. Some Chinese made stuff packs up inside 6 months I have found....
So price isn't everything. Need confirmation from you where you got the noise figures?
Paul Hynes PS's are good I am told by those who have them, but not cheap, in fact more money than the HDPlex for the same output.
Well you can use a $5 DC splitter cable - the MEIYAN produces 6A at 5VDC - enough to power 6 units at 1A 5VDC each.
If you look at my multi-part thead series on power supplies I linked to you can understand. I go beyond simplistic statements like "cheap crappy units from China" to a more detailed analysis. You say Chinese LPS have 'packed up' in 6months - really which ones? Were you using them at their intended voltage? I have used many like the TeraDak and Breeze for years with a hint of trouble.
BTW Elna caps are not the best for ps filtering - the Panasonic FM, FR and FC and Nichicon HW have much better PSRR, lower ESR and impedance (like the ones TeraDak's use). See PART 3 of my series on power supplies - the section on capacitors. They are good in other uses - see my DAC60 mod project thread.
The information on the HDPLEX LPS is right from their website:
http://www.hd-plex.com/HDPLEX-Fanless-Linear-Power-Supply-for-PC-Audio-and-CE-device.html
Feature | Top of the Line Hi-End Audio ELNA Capacitors
High Quality 160W Silent R-Core Transformer provides clean energy
No Humming or Buzz noise for 50Hz and Peak load, 100% Silent
Linear Technology LT1083 Low Dropout Positive Fixed Regulators
Low ripple noise and void of high frequency noise
19V/8AMP Output is User Ajdustable from 15V-19V via XLR Connector, Supprt Thin ITX/NUC/Auralic Aries Mini/HDPLEX 250W DC-ATX Converter
12V/8AMP Output via XLR Connector, support Legacy Wavelet DAC/Qnap Nas/PicoPSU or 12V based CE device.
5V-19.5V/3AMP User Adjustalbe Output support SoTM PCIE USB card/MicroRendu/Upton USB Regen.
5V/3AMP Output support PPA (Paul Professional Audio) USB Audio card and Squeezebox.
USB 3.1 Type C 5V Output
Passive aluminum chassis guarantee absolute silent and stable operation
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Here is the link to the LT1083 datasheet:
http://cds.linear.com/docs/en/datasheet/108345fh.pdf
RMS Output Noise (% of VOUT) TA = 25°C, 10Hz = ≤ f ≤ 10kHz 0.003 %
This recent comparison of LDO regulators does the conversion to uv RMS:
http://hifiduino.blogspot.com/2010/03/comparing-noise-figures-in-linear.html
Comparing Noise Figures in Linear Regulators
Just like phase noise in clocks, it is difficult to compare noise values among linear regulators because there is no common ground in specifying noise figures. Some companies report noise density, others RMS V noise, and yet others % of Vout. The frequency range for the reported noise figures also varies from company to company.
We can approximate the total noise Vrms for the 10Hz-100KHz interval by noticing that each frequency range contributes a percentage of the total noise. In the case of the LT1763, we notice that the 10Hz-10KHz range contributes about half of the total 10Hz-100KHz noise. The table below compares all the regulators in the 10Hz-100KHz range.

The LT1117 and the LT1083 both quote the same noise levels - equal to about 180uv. That's pretty poor by today's stds. The MEIYAN qoutes 13uv with 102 dB of PSRR.
The PSRR graph for the LT1083 shown on page 8 - PSRR drops to 30dB at 100K (they don't even show beyond that - likely much worse as these high freq become difficult for these old gen LDO's to deal with). Very poor by modern standards of 60-100dB at 100K to 1Mhz.
The HDPLEX is better then a SMPS - but for $395 really expensive for what you get today.
PS still waiting for your Rednet review - you know the one you doubted so highly before.