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4K (plus shipping, customs and local taxes) and the pain ends. Or so I'm told. Why does the skeptic in me know that they will always find more 'pain' that needs to be be 'treated' ?
“We have had the Weiss, Antelope, several Apogees, the Ayre, Tranquility, the PS Audio DLIII and PWD, and Benchmark. None of these were even close to what your DAC [Overdrive] presented.”
I spoke to Chris about auditioning the OR4 back when it was new, and I also asked Steve if he could get an OR or Overdrive to Chris for review since I generally like Chris' work. Steve said that Chris has never shown any interest in Empirical or reviewing their products, which is too bad as I think he's missing out. (He also stubbornly refuses to use anything other than JRiver, even though there are clearly better products out there).
A USB DAC is basically two parts, the USB > I2S conversion, and the DAC itself. The reason why I think the Overdrive tends to outperform its rivals, even the $7K+ stuff, is its advantage in the USB conversion stage. It's pretty much generally accepted that the Off-Ramp is the best there is, other than MAYBE the Stahl-tek ABC which is so expensive that it would be pretty silly to buy anyway.
The Overdrive basically uses an internal Off-Ramp as its input, while most of the others are using the XMOS solution. OR > XMOS, so the Overdrive already has a significant advantage before the actual conversion process has even started. I don't think that alone would be enough if the DAC itself was mediocre, but obviously it isn't. The Overdrive DAC seems to be at least as good as anything else in the $5-10K class, combine that with a world class USB input, and you've got a serious machine.
Steve also isn't sitting still. The latest Overdrive version called the SE is a sort of "popular plus" version incorporating most of the upgrades available on the standard version, combined with a new power supply that replaces the old AC adapters with three internal switch mode supplies, which connect directly to the wall with a standard IEC input. Steve says that the new PSU sounds even better than the standard DAC with the Monolith battery supply, which is no small feat.