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Are you implying that because it has the same DAC chip that the performance is the same? DAC is digital to analog conversion, it'd be astounding if the circuitry between the DAC chip and the RCA-out (or whatever out) didn't effect the signal in any way and it'd be weird to assume any product utilizes its components to the utmost possible degree. I've owned the E10 and own the Modi currently, it's not a gigantic upgrade but the sound does gain some 'size', slightly clearer, wider, taller, etc and the Modi seems to have a more resolution top-end. It's fairly unlikely you'll find a notably better DAC without spending another 100$. I'm going to buy the Modi 2 Uber because Schiit doesn't seem like a company that would use cheap tricks to get potential customers to buy their stuff, in fact their business model relies on their reputation more so than advertising and marketing stuff, so doing something deceitful like that wouldn't work too well in the long run. Modi is definitely at least a little better than the E10, if that's your primary concern.
Why wouldn't the performance be the same? It uses the same DAC chip and everything else looks to be the same on it except that it now supports 24/192 due to new drivers.
I never said anything about Schiit using "cheap tricks to get potential customers to buy their stuff." Nor did I ever insinuate that they're being deceitful. There are obviously a ton of Schiit fanboys in here taking offense to me asking questions. Questions that they haven't officially answered and decided to ignore. Questions that are now answered by fanboys assuming things and coming to Schiit's defense because they seem to think I'm attacking the company... which I'm not.
Like I said, I already bought the Vali and it's sitting on my desk right now. I'm not hating on Schiit or the Modi. I simply wanted to know if these are an upgrade to the original model and if they aren't, then why bother naming/making a new model. And FYI, I'm looking at the Dragonfly 1.2 as an alternative quality DAC in this price range. Yes, I realize it's $145, so it's more expensive than the Modi 2 and it doesn't support 24/192, but I've heard far more better reviews on that DAC than the Modi.