Mine have smoothed out a bit after 75 hours of break-in, and I think they are definitely worth the $60 sale price or maybe even $100. I am not sure if I would have been happy to pay the $199 original price. Probably not, as the HD25-1 II have a better frequency response for $99 if you find a good deal on them. Like the HD25-1 or Ultrasone HFI-780, they have a 1/8" plug with a 1/4" adapter that screws onto threads built into the 1/8" plug.
There is a little bit of that "closed" lower mids echoey coloration. Detail is not bad, and guitars seem sharp enough and not blurred. Bass is not lacking or overdone, and not muddy, but it's not as powerful as the Denons. Mids are a little forward and not recessed. There is no sibilance like the HFI-780, but the HFI-780 was a more exciting or fun phone. Soundstage is not much better than my HD25-1 despite being circumaural, because the inside of the ear cups is so small that my ears barely fit inside and the drivers are still very close to my ears. After 20 minutes my ears already feel hot.
So far I have only tried them out of the mini-DAC headphone out (CD5001 transport) and my iBasso D10 out of the Macbook Pro during burn-in. The sound signature pairs up better with my Apogee than the D10 which makes them sound a little darker (but the D10 is tuned to sound best with my custom IEMs).
I'll report back later if I can.
[EDIT - want to add, they were congested and muddy out of the box, with a little edge/roughness in the highs - I put them in the box and ran music through them for the past 3.5 days straight before posting initial impressions]