Thanks a lot for this thread. I just got the 24-bit MF V-DAC. I installed the ASIO plug to my foobar's components director, then I saw the DS: USB Audio DAC output available with 24-bit depth.
Then, I installed ASIO4ALL and configured it. I saw there are three numbers: in the output menu the 24-bit is grayed out, then in the ASIO4ALL virtual device menu, I saw "32-bit" format, and then if I click "Configure" in another ASIO4ALL configure menu I saw USB Audio DAC Out: 2x 32-48kHz, 16Bits.
After done the config, I can change between DS: USB DAC and ASIO4ALL but did not hear much difference. I "feel like" ASIO4ALL give more high extension and more open but not 100% sure it is real or not.
Did I configure it right? I saw some snapshots shows SPDIF with 24-bit out. Does USB out limits to 16-bit max?
BTW, I wonder if the FALC is 16-bit, why we need to bother buy 24-bit DAC?
Thanks for the help!