The so-called glitches are a well-understood, documented zero-transition artifact of the D2A chips used in Schiit's multibit DACs. Basically, at the zero transition all the bits in the PCM codeword switch and it's impossible for all those switches to happen exactly simultaneously, thus some of the resistors come in and out of the current path not exactly in sync, and the output voltage jiggles as a consequence. If the jiggle is below conceivable audible level, why worry? All designs have engineering compromises, and inaudible ones are what I want in my audio gear.
As for bit-perfect, that refers to the digital filter upstream of the D2A chips. What it means is that the interpolated upsampling of the source PCM includes all original samples, unlike most other digital filter designs. The so-called glitch is in analog-land, well below digital resolution.
As an engineer, I enjoy understanding these details, but I'm ever puzzled that people would worry about them as "imperfections," when all the evidence both from hearing science and from actual experience is that the design choices in the Schiit multibit designs are sound.
Aren't you ashamed of imposing your professional background and facts upon this discussion???? But thanks for doing it