Interesting…Dali was advertising how much the same the Dali iO 12 would sound in passive mode compared to the active mode.NOT GOOD NEWS.
A complete shock after all the iO-12 marketing and posts and videos online: The io-12, in completely passive mode with 3.5mm cable, isn't sounding so good AT ALL. The sound is VERY anaemic. When using the 3.5mm cable and the headphone is switching on, the sound is very better, and is the same (or identical) like when is in BT mode but only with more volume. So, the io-12 is depending completely in DSP for good sound. This is NOT the case with the ST, a headphone that is first designing like a good close-back wired-only headphone and then the T+A engineers adding the unique BT (and ANC) aspect in this headphone.
The io-12 is COMPLETELY different to the ST in fully passive mode (headphone completely off), the ST with the option, even, of using in balanced mode where every ST owner or reviewer reporting better sound than in BT mode but still having very, very close tonal balance. I always saying in the ST thread that the ST, in fully passive mode vs BT "high quality" mode, are incredibly similar in sound quality, a very remarkable and unique aspect in the BT/ANC market, making the price of the ST maybe not so crazy like some people thinking.
Owning the ST I more and more appreciate the unique engineering by T+A. They took a very serious approach to create a one standalone music equipment. Hands down.
But still I like the way the industry is going and that there is more and more competition in this kind of price range (not that price matters, but I guess right now all the BT headphones in this range have a right to stay there, even when you thing that it is crazy to spent 1k for such an equipment…)
At the end the ST is the go to go BT headphone (even would say the perfect one) for me. Has great unique sound capabilities in all modes, great build quality, more than enough battery power and is labeled not as a one way product (battery is replaceable).
This is a headphone I will enjoy for many years or maybe even for a decade.