I own a R2R7 and (I know) there are quite some people who purchased from Magna Hifi. As well as the R2R7HE is being sold a lot actually.
I LOVE MY R2R7 (Smooth Firmware) with Mano streamer (I2S)
I'm a fellow owner, using the same setup (R2R7 + Mano).
In a single sentence, the R2R7 is wonderful, and grows on you the longer you hear it.
Especially voices have a natural quality that is captivating, and if you get the source right, there is a lot of depth and tonality (my way of saying that I can hear the character of the instrument or voice). It produces a sound that is both very transparant and dynamic, yet uncoloured, and natural (depending on setup, I found the NOS3 mode to be nice yet somewhat coloured). This is also a DAC that, even though it has FIFO reclocking and a lot of attention to clean power, still is very sensitive to the noisiness of the source (as is every DAC I've tried so far).
Although it sounds great with the default setup, it is also very tweakable. You get 4 different NOS modes and 3 different oversampling modes to choose from, and can go even deeper if you want to (filter steepness, firmwares etc). This means this DAC has the unique ability to be tweaked to your personal taste. At the same time, this powerful feature is somewhat unaccessible due to it requiring the user to open the bonnet to set DIP switches or having to use a USB blaster. I think mr
@Kingwa can learn here from PSAudio (firmware upgrade by SD-card) and Holo Audio (all settings using a front panel). This flexibility continues with many inputs and native DSD support, which can be a big benefit, depending on how you feel about DSD.
In general this DAC can feel a bit rough / purist. Personally I think it looks fantastic (especially in the Mano black edition), but not a lot of the power can be unlocked with the few buttons on the front. Because there are as little elements in the signal as possible, switching TV channels can cause pops and crackles. I do not really care much about this and prefer this inconvenience if it gives me a better sound, but for example my girlfriend leaves the stereo off when watching TV because switching channels produces unpleasant sounds.
This also is proving to be a DAC that scales. This DAC is unlikely to become the weak link in your set, ever. Keep feeding it better power and signal, and it keeps giving you better clarity and less coloration. I experienced this myself after getting a better I2S HDMI cable and cleaning the power up. Improve your speakers, amps and cables, and you keep hearing more, with less coloration. I suspect the excellent power management and output amplification in the R2R-7 has a big part in this.
All in all this DAC can at first feel a bit rough and intimidating, but get to know it and you will start to love it for its sound and flexibility.