I just received a black Hugo from Moon Audio.
Right now, I'm using HD USB in and Fostex TH900 with Silver Dragon V3 out and comparing the setup to Schiit Uber Bifrost / Lyr 2 Combination with HiFiMan HE-560. The problem is there is no comparison. The Chord Hugo and Fostex combination is better than anything I've ever used for my audio collection.
I've tried out FLAC 192/24 files of Black Sabbath, Cream, Metallica, Quicksilver Messenger Service, Grateful Dead, Cream, Fun, American Authors, Arianna Grande, Jesse J, Dave Brubeck, Dusty Springfield and on and on. I've got a pretty eclectic taste in music for a 64 year old man. No matter what type of music, the Chord Hugo is absolutely incredible.
My only complaint? I wish it wasn't so small and portable because this is my desktop amp as of right now. Also, I think the cables that come with the Hugo pretty much suck.
Since I am doing the Ambassador thing with Moon Audio, I should point out to any naysayers that Drew did not recommend the Hugo to me. His wife did, proving there is a good woman behind every man