I dont know about this. But allow me to share my own experiences. I listened to DAVE before I bought my DMP Z1, because DAVE didnt impress me back then. Trebles extensions were full of graininess, it causes "digital glares" and also brought sibilances on those textures. This stopping me to try Hugo 2 out
Back then, I sold my DMP Z1 because it was a transportable. Hardly portable, of similar level to my Desktop DAC with OCXO (Oven Controlled crystal Oscilliator) master clocks. Upgraded PSU and analog tuning components.
I still use my desktop DAC...but I was never satisfied. The digitalness was never truly gone, and so neither does the achievements of analogues fluidity and kinetic energies.
My experiences comes from many areas, including acoustic pianos and digital organ that my daughter play daily.
I went on a frenzy and collecting AAA records, reel 2 reel Master tape....DAT or Digital Audio Tape...etc... just to prove a point that Nyquist stated "digital music can be perfectly quantized and play back"....but no...it never gets those analogues from my AAA records (red labels). They stand for Analog performing to Analog recording to Analog reproducing. These are ancients being.
I stopped playing around with digital music for a while ... until Ibasso D16 as the very first Device that brought new discrete 1 bit into my experiences. Simply because it is affordable and I got curious again after a few years of standing still. I knew 1 bit was cooking back when I stopped tinkering, and Mola Mola ... DCS...MSB...were all eyeing it. Nah, I aint paying a Supra in price for these stuff. But D16 as a stand alone caught my interests.
People who didnt read what I meant about D16 and analogues and also who wonders why some one dislike 340 analogues can start here to get better ideas.
Hiby and Cayin 1 bit didnt ring my interests, because their customer services were not as good as Ibasso and
@Paul - iBasso .
On another hand, just for gigling. Ibasso had a marketing slide to imply that Chord...either gen...has only 20E while D16 which the 340 has similar technologies...has 128E. Technically as a DAC design, the D16 is superior
Then again, we all have our own personal preferences. One may prefer the analogues of 340 and other may prefer the digitalness from Chord. Like @damascato responses. Therefore, I do agree that these 2 are very different. You gotta listen to them and decide for your own