Thanks for the info. The Adi-2 DAC is good enough that I don’t see myself getting another dac for a while unless it’s an NOS or tube model, and if/when I do get a new d/s dac I will almost certainly keep the RME to use as an all-in-one. It’s really staggering what they stuffed into such a lightweight, small unit!The RME only has a few hours of runtime and my Holo has about 50 hours. If I'm doing a proper comparison it would be fair to let the RME unit burn in for a few days before critical listening. So take these as initial impressions. The RME is a great sounding unit and for the price is a no brainer. Having said that, the L3 kitsune sounds much more refined both in the bass and lower and upper treble. The bass has more texture and impact and goes deeper. The treble is smoother yet beautifully extended. Midrange, I really cant tell a difference. Both units sound very transparent and open. The Kitsune has a better soundstage and more importantly for headphone listening precise imaging (ie the placement of instruments in that space) compared to the ADI-2 dac. If I hadn't heard the Holo, I would be very satisfied with the ADI-2. I do wish the ADI-2 had a bit more authority in the lower and upper bass while still maintaining neutrality like the Holo manages to do.
The amp section is pretty good on the ADI-2. I also tried it as dac only with my headamp GS-X mkII to compare with the holo. Hope this helps.
Quick aside: Anyone know how to reset the EQ to the default/flat setting? Once I start getting into the weeds on the EQ I find it helpful to start from scratch next time I want to make adjustments but I haven’t figured out how to do that automatically yet.