OK, I compared the Pegasus and Gumby on the HEK Stealth, HE-6 SE, HE-500, and HD-600 for about 3.5 hrs. I have impressions, but I'd need more time to give a comprehensive review. 1/2 time on CD, 1/2 on 24/48. All on COAX. Female vocals, fusion jazz mostly.
The timbre of each was very close I thought. Things seemed a hair smaller in size on the Pegasus, but also perhaps more focused. The Pegasus had a wider stage, but it seemed a bit shorter. The depth of Gumby seemed a bit more. I forgot about the NOS switch until nearly the end of the session. It did seem a bit warmer sounding but I'd need more time to really be able to characterize it.
The thing I listened for the most was trailing notes/overtones and they were so close - doubt on that basis I could tell them apart in a blind.
Pegasus is better than the BF2 or non MB Gungnir based on memory. I wouldn't trade my Gumby A1 w/ Unison (or Gen 5) for it. But if I had to buy a new DAC, a new Pegasus would be on the short list to audition.