Yeah the internals of the formula s are..... Well woeful to say the least. Pretty sure it's literally just a couple opamps under those heatsyncs too.
Yep it's single ended internally, there are no balanced inputs though, only single ended.
![1635520812717.png](https://www.head-fi.org/attachments/3995824/)
And yep bonus points for the heatsyncs on the side not being attached to anything.
If people have the formula S and enjoy it that's great, but I could never recommend that to anyone.
This is the 2800EUR power supply....
Their Sagra DAC is also just using the Soekris DAM1021-12 board which is 299 EUR (and likely much less given XI will be ordering bulk).
Possibly even the DAM1012-05 which is 219 EUR RRP.....
Slap a
$50 amanero USB module and MAYBE $100 of PSU parts in there and boom, sell it for a 1000% markup....
I'm sure plenty of people enjoy their XI audio products, and that's great. Honestly nowadays most stuff sounds good, but there is no way they can justify that sort of ridiculous markup. It's a borderline scam.