My preferences and equipment history are up-to-date on my
Head-Fi profile. This impression is the result of my combining two different writeups I've done, with some editorial cleaning and updating.
TL;DR: The Sundara is the best sounding headphone I've ever heard. This headphone is the purchase that triggered my selling off most of my other cans, as you can see in my equipment history. My headphone collection has now been reduced to just the Sundara at home and the HD6XX at work. While I am expecting a Focal Elex to join the family later this month, whether he stays in the family is still an open question.
Bass: Bass is taut, textured, extremely well extended, and holographic. Its bass performance is similar to my modded M1060; the M1060 has just a bit more of it, possibly due to its large 106mm diaphragm, but the Sundara has plenty. You'll be hard pressed to hear better bass in any headphone.
Midrange: I was worried that the midrange might feel a bit sucked out on these, but I don't get that at all. In fact, the midrange on these sound super smooth and impart an incredibly realistic amount of body and space to both male and female vocals. Timbre is spot on. This is the area I've had the most trouble with planars in the past, and the Sundara has literally no issues here.
Presence through treble: My disappointment with the HE4XX was that it often strayed into sibilance for me, and when it didn't, high notes sounded compressed / smeared / one-note. Ori pads and felt tape in some key areas helped a lot, but the issue was always there. To my ears, my modded M1060 were just a way better listen due its significantly better transients, bass through midrange technicalities, and smooth listening, but I often wished it had just a bit more at the top end. Listening to the Sundara immediately revealed how veiled and muffled my M1060 was and was my first time hearing the "veiled" sensation firsthand besides reading about it. At the same time, the treble on the Sundara is not sibilant at all. It's just clear, present, smooth, and neither forward nor recessed compared to the rest of the frequencies. The Sundara is probably the most resolving pair of headphones I've listened to. (The Noble K10U are more resolving, but that's sort of an unfair comparison and arguably a bit artificial in its presentation of detail.)
Technicalities & Final Thoughts
To my ears, the Sundara is neither warm nor cold but straight neutral with very accurate timbre (rare for planars), very low distortion throughout the FR (typical of good planars), no ortho wall (rare for planars), incredible transient response, resolve, imaging, and is the first planar headphone I've heard with above average sound stage that has depth and center in addition to width.
I cannot overstate how resolving the Sundara is. I hear subtle nuances in breaths, strings, and plucks in the background that I never heard on any of my previous cans, sans the K10UA. Yet the detail sounds very naturally retrieved, rather than due to some artificially high treble elevation.
Before the Sundara, I thought my sensitivity to treble meant I would forever favor warm-tilted headphones. The Sundara, on balance, is the most treble forward headphone I've loved because the treble manages to always remain smooth, never becoming harsh, bitey, or sibilant. This experience has made me take a moment and wonder if I should give the HD600 a shake at dethroning my HD6XX.
The Sundara is an incredibly cohesive listen with very good technicalities. I can't find any faults with it. I really like it. I'm surprised by how much I like it. The only gripe I have about the Sundara is the same gripe I have for all HIFIMAN headphones I've tried, which is that the 55mm round ear cavity on HIFIMAN ear pads is just too small for my ears. I can, with a higher level of carefulness than I'd like to exert, wear them comfortably, so you may need to undergo some pad rolling with these.