Hi Joong,
Thank you for your reply.
I have to take back what I said about this DAC.
I bought a pair of 3-way speakers six months ago and was happy with them, with an Apogee Duet 2 DAC.
A few weeks ago, I tried the DAC X7 and started to think that some stuff was harsh sounding, especially violins and trumpets on classical and cymbals on rock. I accused the DAC.
Back to the Duet, the shrill feel was still there. It took me time to realize that my speakers were the guilty part. They opened up to the point of becoming harsh in the treble department. A bit of EQing with Q=1 at 1.3 kHz, 13.750 kHz and 20 kHz seemt to solve my problem.
Nevertheless, there is definitely a difference between both DACs in terms of decay. Notes don't last as long. The X7 is drier than the Duet. It seems to be commonplace with chinese DAC, like the Gustard X20, from what I read on forums. The effect is sensible on male vocals, violins and trumpets, which don't feel as "analog" as with the Duet.
I'll receive a new pair of headphones soon and will report. I liked the sound with the AKG K701 already.