I just received the PSB M4U 8's today.
It is more comfortable than the PSB M4U 2's so that is nice.
First impressions right out of the box in "Passive Mode" were awful. They sound so closed in and muffled and really quite bad for a 400 dollar headphone.
I compared it directly to the PSB M4U 2 in "Passive Mode" and the PSB M4U 2 is just so much better and sounds right compared to "Passive Mode" on the PSB M4U 8.
The best way I can describe the PSB M4U 8 in "Passive Mode" is if you talk while your hand is over your mouth, it changes it to muffled. That is what the PSB M4U 8 sounds like in "Passive Mode".
Then when I switched the PSB M4U 8 to "Active Mode", and when I first turned it on, it does have a very faint hiss, just like with the PSB M4U 2, but then when I started to play the same test tracks it sounded much, much better.
The "Active Mode" on the PSB M4U 8 sounds pretty close to the PSB M4U 2 in "Passive Mode" and "Active Mode" but the PSB M4U 2 still sounds just a little bit better in clarity.
Then I connected it to Bluetooth on my Samsung Galaxy S8 and it hisses really bad and pops every few seconds. And when I played a song on the S8 I didn't really notice the hissing or popping at all and the sound does sound decent via Bluetooth and it sounds OK, but I can definitely hear a quality loss via Bluetooth compared to when I have it plugged into my Schiit Stack and with "Active Mode" on.
I can't really test the "Noise Cancelling Mode" but I turned my fan and plug in heater on and then switched it to "Noise Cancelling Mode" and it really cut it out to a very faint hiss and the music still sounded pretty close to just "Active Mode".
So the bottom line is if you are intending to get the PSB M4U 8 for "Passive Mode" definitely hear it first to see if you like the muffled sound signature. But if you are getting it to purely use it wirelessly and/or in "Active Mode" wired then it's not actually that bad and compares pretty close to the PSB M4U 2.
Overall I am just really disappointed with this headphone. I thought it was going to sound like the PSB M4U 2 with a better headband and wireless mode. But it just doesn't sound as good as the PSB M4U 2 or the NAD VISO HP 50 for that matter.
I just can't believe that "Passive Mode" is so different than the "Active Mode" and "Noise Cancelling Mode". I had planned on using it in "Passive Mode" most of the time and then when I go out places to use the wireless with my S8.
Let me know if you have any questions about it.