Tim van der Leeuw
100+ Head-Fier
most fair would be of course to bring in a loaded Ragnarok, one power supply for multiple functions
I think the external DACs can be better and more versatile, than the multibit DAC card in a "fully loaded" Ragnarok. That's why I didn't get that version (plus, I have no use for a phono-card...).
I did have my mind set on getting a Bifrost 2 or better eventually anyway, but was hoping to postpone that expense until later and that's why I thought, you know, the AK4490 DAC card in my Jotunheim sounds great with my headphones, Modi 3 has the same card, so should be good as a "starter DAC"!
But of course the power-supply and analog output stages in the Modi 3 are completely different than what you get with one of the higher-end DACs, including the AK440 card in the Jotunheim, so even if higher-end DACs have the same DAC chips, all the rest around it is different to make them sound much, much better.
I didn't take that into account when ordering.
I'm now wondering, does the Bifrost 2 actually have clock-regeneration similar to Gungnir? I don't see it in the online material but that doesn't necessarily mean anything.