Concero arrived a few days ago. Opening the box I thought, "Can this diminutive slab of black metal actually deliver the goods?". Small it was, but also weighty and very attractive w/machined logo on top, adjustable LED, and sleek Apple remote which was easy to use. Somehow, it was also able to control my Foobar music playback... a nice extra.
Yuceka and I enjoyed running it through a series of tests using USB/Coax/and USB bridge mode. We concurred with Srajan's less-obtuse findings: Concero is a *clean* DAC. It neither adds nor subtracts anything from the music... just lets it flow. If you play low-fidelity garbage MP3's, that's what you'll hear. Which is to the Concero's credit since it was so revealing of such shortcomings.
We found the Concero to perform well at its price point. Skepticism about this DAC-on-a-chip faded quickly once we gave it a listen. While it didn't pull quite as many details from the music as the big-as-a-tank NuWave, what it *did* retrieve was articulate and accurate without flattening the soundstage nor adding any unique colorations. According to Yuce, the Concero "slayed" his CLAS bridge/DAC. Like, totally mopped the floor with it. "Easily 3x better" in his estimation. If the Concero had the same ability to play native Apple devices as the CLAS (which is among only a small handful of DACs to license this feature), he'd have bribed me to keep it on the spot.
Concero deserves its place at the $600-ish tier. We were impressed with the number of goodies you actually get for the money: SPDIF/USB bridging, portability, advanced filtering, attractive looks, and a capable, neutral DAC. I'm still on the hunt for a "statement DAC", but I'll be keeping the Concero regardless. It's like the quiet kid at recess who keeps to himself all year until piano recital night... then hammers out a Chopin composition with a level of proficiency beyond anyone's expectations.
Good recommendation, burnspbesq!