Since reading this article, i have done some back-to-back comparisons between itunes, decibel, and fidelia using the same tracks (44.1khz CD rips, 320kbps AAC) and switching between them in 3-5 second intervals. Listening through a uDAC feeding a tube-rolled little dot mkIII and senn HD600's, I have a hard time nailing down any hard differences.
Maybe I have a tin ear or my system can't resolve the differences, but in my case there simply weren't any substantial improvements. Of the three, Decibel seems to differ the most from itunes and seems to have a bit more sparkle on the high end, and a bit more authority on the low end with more forward mids...but with eyes shut, I have to A/B repeatedly to draw that conclusion and even then, i'm not sure i'm right. This also extends to using hog mode.
i would love to think that a simple change of software could yield a tangible sonic improvement, but i'm still waiting for the magic. perhaps at my modest level of investment, such determinations are impossible to make. i've even done some encoding tests with apple lossless and AAC's encoded not in itunes but through XLD and pitted them against each other to see if differences in encoding could reveal more dramatic differences in playback. Aside from the fact that lossless sounds a smidge better than 320kbps AAC's, i still got nothing.
deep shame. : (