Honestly, i'd like the crossfade if it was correctly made. Losing the first few beats off African Drop from a Knife Party remix, or the first few seconds out of a NIN song, really bothers me. The crossfade just doesn't sound right to me. Actually, i'm missing most of the beginnings of all songs. I guess it could be the 5 seconds setting, but turned off still does some sketchy fades. It could be a nice compromise to add both Gapless and Crossfade, but i don't think Crossfading would be "bit-perfect", would it?
Regarding the battery drain, i've been having some weird issues too, specially yesterday, when i left my DX50 resting, but turned on for around 30 minutes or so, was almost full, but when i came back to pick it up, was almost to the 2 last bars, on the last few minutes of the second to last bar. I came back to the 1.2.6 because i was doing some testing between the firmwares and i might do some try-outs to see if it is the firmware, because if i remember correctly, on 1.2.2 didn't had this issue...
Btw, thank you musicheaven and Sorensiim, i was looking for the 1.1.6, and actually had no idea there was a 1.1.5, mine came with 1.1.0 and went right to 1.1.6, this could help further the testing i've been doing with the different sound signatures between the firmwares.
Please by all means share you discovery, this is one aspect we have not touched upon due to the very personal nature of sound signature and preferences but a neutral and fair comparison between them is truly welcome.