Just received mine today! Now personally, I don't believe that dacs and amps really do a whole ton, especially at this price range, there's not a huge dif in sound between other dacs. Needless to say, it sounds great and neutral.
Okay so onto build quality: it's not as tough as some of the fiio products, but while it does have the same brushed metal finish, it's lighter, internally. It's a little thicker than the e07k and e17, and slightly shorter than e18. It has an audio in, a single out. So sorry, can't use it with 2 outputs
usb mini input for charging ONLY.
Functionally, there's not a whole lot going on, since there's no eq.
So overall, it's one of the cheapest iphone compatible dacs, which is great. Anyway, here's my personal list of extended pros and cons:
Cons:
1) Static and popping (very occassional) this is caused exclusively by wifi connectivity. It seems to interfere. Turn wifi off to prevent static
2) Average level noise floor, not impressed.
3) No other functions, coming from the fiio series, it's a shame how few functions come with it, no eq, no controls (ff, rw, play/pause)
4) Manual is entirely in chinese (or something), no english version.
5) No desktop compatibility.
Pros:
1) Accessories, comes with 30-pin and lightning to usb connectors, as well as 3.5mm connector. 2 blue (why blue??) bands to hold the unit and your idevice together, and mini usb cable. Everything to get it working out of the box.
2) Great sound. Compared to my onboard soundcard on my desktop & my iPod touch 5g, it's great, using the highest end wolfson dac as of release, it delivers the clearest sound.
3) Price, $200 is fairly steep for a dac, but in the arena of iphone compatible dacs, the average price is a lot closer to $500, this is one of, if not the cheapest option.
4)Overall form, easy to figure out, no hassle.
Edit: Pc compatibility, doesn't charge your device.