I don't think anybody here would laugh at that, not anyone who has heard the Elite. The 340 (which I have not yet had the pleasure of hearing) may be an order of magnitude above the Elite but there's no doubt that the Elite is orders of magnitude above pretty much every mid tier dap and several flagships. I had never had any iBasso device before but the absolute hype and almost universal praise for the Elite caused me to pick one up. When I first heard it I was floored; I couldn't believe what I was hearing for the first time with tracks I was intimately familiar with. In 30 years I never really understood what "reference" meant until I heard music coming through that little box. The preision of it - the absolutely cleanliness of the sound, the incisiveness, detail, spaciousness, clarity, resolution, depth, width - I could just go on..... I finally understood what "warm and warmish" devices were doing to the transducers. Now I understood that reference isn't boring, if I want emotional warmth, grab a warm iem and let pure music flow into it.
Once I took a bite of the iBasso Apple, I was hooked. I couldn't listen to my Shanlings, my Lotoo, or 1AM2 anymore. I was real close to getting the 320 Max but the need for 2 different chargers held me back. That's just not practical or functional for my lifestyle and travel. So I picked up the 320 and truly, I found it far superior to all my other DAPs but still sitting behind what I was experiencing from the Elite. "What kind of wizardry is this? " I thought. How that a little Dongle can sound this good and Trump all these $1K to $2K devices? Then I started reading how the 340 and Elite share the same musical signatures. By and large that was confirmed here over and over and also by Bloom when I wrote to them for advice and input. I love the 320 and had I never heard the Elite, I'd probably just have stuck with it... But now I'm reading that the 320 is a toy compared to the 340 and that the 340 towers over the Elite. The thought of that iw mind blowing to me and I cant wait to experience it myself.
All that to say
@ogre59, there is no shame in being enamored with the Elite - its exceptional; just a little impractical for me for on the go portable use, especially if you saw the pics of my elite sandwich stack a few pages back. If I can get all of that and more in one compact, albeit heavy unit, .... I'm ecstatic.