Yes, I thought putting the Topping and the Dave in the same bucket might rile some of you
First, that assessment is based on listening to the Topping in my system, the original one with the fancy AKM DAC, not the more recent one that has a different DAC as that AKM factory burned down recently. The Topping offers stunning value for money. Measurements are textbook state of the art. Yes, the Dave is better, but 13x better? No.
I firmly believe DAC technology only gets you so far. It’s what you do afterwards that makes all the difference. Both the Dave and the Topping use off the shelf $10 parts and a measly power supply. That basically kills any hope of playing with the “big boy” DACs like the Lampi. The analog section matters. If Chord wants to play in the big league, they need to step up their game. Reusing a $20 medical power supply, as someone here pointed out, and using bargain basement parts is not going to cut it, no matter what whiz bang M-scaling and million tap filtering you do. The analog section matters hugely.
Let me explain it another way. I’m a big vinyl lover, having had quality turntables for 30+ years. One thing I learned early was the phono stage matters hugely. I have several at home, all the way from the Uber expensive Audio Research Reference Phono 3SE tube unit to a much cheaper Primare solid state phono stage. The ARC 3SE is 40+ pounds, basically identical to their ARC Reference 6SE no holds barred preamp. It is fully balanced with 3 6HP30 tubes per channel with a massive tube rectified power supply. it has 74dB of gain for the low output moving coil and all remote accessible control of the loading. It’s utterly noiseless even with my 0.2mV Koetsu Onyx Agate Platinum. It is mind blowingly stunning in its sheer dynamics and resolution, but always musical and refined. It leaves the Primare in the dust, even though the Primare is a good solid state phono stage with R-core transformers etc. But unlike the ARC, it’s not a cost no object design. I can use a $100 Shure with the ARC 3SE and still be blown away by its sheer splendor. Vinyl sounds like master tape. There’s absolutely no sense of hearing a record playing unless you have a really noisy album surface. And with the Miyajima Infinity Zero mono cartridge, mono recordings have a realism that the best digital still does not match in my experience.
You would think that amplifying a 0.2mV signal can’t be all that hard. Heck, you can do RIAA equalization on a single chip, which is what you find on home theater receivers. They sound awful!
The reason I lumped the Topping and the Dave in the same bucket is that they both treat the analog section as an afterthought, the main focus in both these DACs is the digital upscaling and the D-to-A conversion. In my experience, that doesn’t get you state of the art performance compared with DACs that go the extra mile in the power supply or analog design. The MSB Reference DAC, which costs several times what even the Lampi costs, pushes the power supply design to even greater heights, weighing in its fully tricked out form to more than 80 pounds.
I used for many years the Mark Levinson 32 preamp, which weighed almost 75-80 pounds, a big chunk of which was the external power supply module that literally regenerated clean A/C from your noisy A/C wall socket. If you look at its measurements in Stereophile, even today 30 years later, it beats everything else — noise levels are -140dB down. You could hear that in its solidity of sound.
So, hopefully that explains why I think the Topping and Dave are cut from the same sonic cloth. Apologize for the lengthy explanation!