A bit of an offtopic, I hope it's ok, my first post actually. Wanted to share my personal experience with Mojo2 and some thoughts on Chord vs iFi DACs, since I've had some trouble finding direct comparisons by non-professional reviewers back in the beginning of the year. Since I'm not an audiophile and just picked up the hobby since like Spring 2021, the following is just my humble subjective opinion, which is now also getting a bit "dusted", so I realized it's time to share it at least somewhere.
I've listened to OG Mojo for some time and, while being definitely better than the Hip-Dac, it lost in terms of spaciousness and bass to Micro iDSD Signature (well, shouldn't be too big a surprise, considering the price gap). I was largely driven by the hype around Mojo, and it didn't disappoint me, but it also became clear there are more versatile and "stronger" portable DACs around. Fast-forwarding few months, I was looking to try out the renown Hugo2, but before finding one locally, I ended up buying a used iDSD Diablo instead, which was just a really nice deal. Despite all the controversy, which seemed to surround Diablo, I really liked it, because it boosted the spaciousness and clarity of my Tia Trio to even further extent, compared to Signature. It felt like an endgame DAC for my purposes... until I finally tested Hugo2 at a local retailer. Not that I was "blown away" or anything, but even that slight edge (scene depth, clarity) Hugo2 offered against my "endgame" amazed me enough to keep greedy thoughts swarming around. Right around this time, Mojo2 is released, and I buy it hoping to find a cheaper and improved alternative of Chord's sound (OG Mojo has been sold before buying the Diablo).
Now, finally, getting to the topic of this thread, Mojo2... I definitely enjoyed the sound and the EQ. Not that I have any proper idea about how it works or whether I can discern it from a digital EQ in a blind test, but it did allow to nudge the sound into different directions, without disrupting the balance overall. The sound itself (Tia Trio) was also good, nothing in particular I can recall, but man do I wonder when people were comparing Mojo2 to Hugo2 at the time. I am not sure if this is also headphone-dependent, but I can attest to some of the few (if not singular) posts pointing out how Mojo2 and Hugo2 were in completely different leagues. In the end I swapped Diablo for Hugo2 due to a few reasons (including the former being too strong for an IEM), but again, mostly due to a good bargain for Hugo, otherwise imho Diablo is really great in terms of price-performance ratio, compared to Hugo2 at MSRP. Where does Mojo2 come into all this? Well, I still consider it an accessible sample of Chord's DAC lineup, which won't disappoint at this price point, but has also tough competition against second hand higher tier DACs, like Diablo or maybe even Signature.
P.S. Please keep in mind all the comparisons are between iFi and Chord DACs just because I liked both of them from the very first, cheap models I got and, while considering other manufacturers as well, I didn't find any competitive alternatives in terms of portable audio going further to > 500$ range.