I really enjoyed the review though I am a little concerned at this comment..
"If we were to sum up the AK240's overall presentation in a single word, we'd have to say it's honest. In reducing the AK120's presentation to a single word, we'd say it's evocative."
Having hung around the high end in home audio for a long time it goes like this. As people get into it they strive for the honest presentation which showcases the technical prowess of the components so well. At demonstrations this equipment is often the equipment that garners the most praise and attention then people buy it and take it home and start long term listening and something happens.
Its not about the music but getting the last ounce out of the performance from the equipment but that is a never ending quest as it does not exist and each year something comes along to trump it.
Now, what happens in my experiences in the high end stuff is this. Those same folks after a couple of years go to another dealer, this time the dealer has a wider range of equipment, often at less cost and usually tube and vinyl based.
Said listener sits down to this inferior equipment ( inferior as they are not the top performers, they are far from neutral and do not have all the bells and whistles) and something strange happens. The listener is once again listening to the music, not the equipment.
It makes no sense to him as what he is listening to is as far as the reviews and technology goes, an inferior product without the last ounce of transparency, detail, resolution or neutralness and yet his feet are tapping, the world is vanishing and all that is left is the music.
It feels.. EVOCATIVE!
This is my concern with the 240 which only listening to it will allay my fears is this. I have no doubt in HiFi terms it is much better than the 120 (it ruddy well should be seeing as it cost $1200 more than the 120). I am sure it will trounce everything with its detail, transparency and resolution but once the allure of that fades will it entertain, will it show the emotional aspect of the music which after all is why we listen to music in the first place.
What I have seen in the high end are any number of folks who initially took the HiFi route but then ended up with something not HiFi in terms of how you describe the 240 but instead when for something like the 120 because it played music with emotion and grace, not only that but it played all the music you could feed it, not just DSD or high resolution but even the humble CD's ripped to WAV or FLAC and it played them so well you forgot you were listening to CD.
I have read two other reports of CD ripped music sounding bad compared to high resolution on the 240. This is not good. A truly great player should be able to make you feel like all your music sounds spectacular, not just the good stuff.
Again, I come back to what I mentioned earlier, in the long run and with maturity musicality, ease and grace always trounce the last ounce of detail.
Its why I went for the 120 over the 901 (which also has cirrus chips). The 901 sounded like HIFi, the 120 sounded like music!
I think another point from now on. It is important to have compared it to the 120 as naturally people like me who own it are interested in the 240 but now that is done I think it not fare to do the comparisons anymore.
For a comparison to be valid the equipment has to be of similar price as obviously the more expensive machine is likely to trounce the cheaper one. Now we have the price this is almost double the price of the 120 and from reading your review and what others have said it leaves me thinking suddenly the 120 is somewhat a bargain considering the incredible musicality and how it will treat all resolutions with grace and get the best out of them.
To me, in the real world and not looking just for HiFi thrills that still makes the 120 a true high end performer and leaves me wondering about the 240 and where it stands. It has to not trounce the 120, it has to trounce the Hugo and from what I have read thus far it does not look like its doing that.
Still, I will give it a listen but I think your review may have saved me an awful lot of money and I don't think my chum Mike Mercer need to worry about sleepless nights or wastes of money!
Just some thoughts and I hope they make sense.
Thanks for a great review.