After having now over 100 hours, I can share a few things.
The DAC is clearly cut from a different mold than any other DAC I've ever heard. The thing that sticks out to me is the CLARITY. I mean really really clear. In an analogy the only thing that comes to mind is the different scale that diamonds use to determine clairty. This DAC would be on the clearest possible scale. That clarity has 0 edginess to it. It's so clear while being very musical and cohesive sounding as a whole.
If unamplified live music is 'Flawless' then this DAC would be that 1 notch away - because it's that good. Other DAC's I've heard only hinted at this kind of clarity - while others can be musical or warm or analytical, this DAC just paints a whole picture with such fine detail and resolution that your brain is tricked that the performance is occuring there with you. While I will admit that I've said this in other DAC review's (Matrix Mini-i) - I don't think you realize just how much more life like and real it can sound until you plug something like the Anedio in to your system.
If you love music, and you love more than just soundstage and imaging and detail (this has all of these in bounds), but theres always that little bit more that seems to elude so many systems. That little bit more, that air, the realism, 'the juiciness' the 'recorded it in that kind of room' is what the Anedio gives you that simply satisfies that upgraditis and the need to keep finding that lost art in music reproduction.
I really can't write this DAC up the way project86 did, but I can say that his review is accurate and I'm happy I took the leap without any demo. Seriously, buy it because you will enjoy it, it's worth so much more than $1270 because it takes the music to the place that has been eluding you for so long, at least it has for me - until now.