Due to the incident with CF01 driving my MassDrop Plus poorly and consequently being found out it has a massive 20 ohm output impedance, I decided to revisit all my TWS adapters and give them all a proper measurement to determine their output impedance, here are the result (also will be updated in first post from now onward with any future TWS adapter I acquire)
TRN BT20: < 1 ohm
TRN BT20s: < 1 ohm
FiiO UTWS1: ~ 11 ohm
OE Audio WS-1: 0.5 ohm
iBasso CF01: 20 ohm
Output impedance is important for TWS adapter because TWS adapter is designed mainly to drive IEM directly. These day most IEM have multi-drivers and cross-over circuit that the intended sound signature can be completely messed up by high output impedance. Ideally all TWS adapter should have sub-1-ohm output impedance, less ideally it should be low enough that it is at least 8 times lower than the IEM rated impedance (i.e. 4 ohm output impedance for 32 ohm IEM) - this will ensure the listener will be getting the intended sound signature instead of a new sound signature that is retuned by the TWS adapter. Of course, you might personally like the 're-tuned' version better, but this will be like having an permanent EQ applied to the setup and not everyone will like the result - the problem is, with high output impedance, the user will no have the option to turn this 'EQ' off. I hope TWS adapter manufacturer really can take a hint not to cut corner by using output resistor in order to lower hiss. I rather listen to a little bit of hiss than having my IEM sounding all wrong.
It is kinda surprising to see, as far as the measurement result is concerned, that UTWS1 also measured rather high on output impedance, especially since it is OEM'ed by TRN based on BT20s, which as you can see has an excellent sub-1-ohm output impedance. I have been using UTWS1 almost exclusively with my 150 ohm single-driver Smabat ST-10s Black Gold which doesn't get affected by output impedance much and therefore didn't notice how high the output impedance is until I measured it. FiiO usually gets their engineering right, but unfortunately in the case of UTWS1, though not as bad as CF01, is still inexcusably bad for most IEM out there.