If you talking about the SS or the OB version you may by right, the CU version is even more dense and musical than the 1Z, the SP2000CU is the best player I ever heard, the 1Z is the second, both are top DAPsYou already had it. It depends on what you look for from the players. There are trade offs as it is all portable player, so you can not have it all. Hugo 2 is a stand alone and not a DAP...so it is a little unfair to compare. You will need a transport to make Hugo sing
soundstage and clarity, sp2k is easily the best at the moment....tonal balances and timbres density/fidelity is WM1Z strength. Beside the differences in the main signatures, the Wm1Z would be in a warmer and more musical signature Where as SP2K is I to clarity, transparency and Neutral
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