The trouble with living on this side of the pond is you get up and find you've missed an interesting discussion.
Looks like I started something.....
Just for information, my setup is now dual-mono opus (8740) with ASRC. I then have in-line 0.1% 18R resistors for load-balancing duty and these are fed via input selector (Balanced Darwin) and volume (Balanced J/Tree) to a customised IVY. It's built with precision resistors (0.1%) to give a small gain on the balanced stage. It's this that drives my 'phones direct. The Unbalanced part is as normal, with 2kR resistors. There are no capacitors needed anywhere, except for filtering on the IVY.
On balanced headphones (HD580), this config is superb and betters the original Ballsie output by a very large margin. The biggest difference came when I put the 18R resistors in, in place of the 47R ones I had in previously. I also had to play around with the IVY resistors and filter caps a bit, too, till I found the best combo from what I had available.
For anyone with balanced wired phones, I highly recommend that you try the IVY with a little gain (I use 1.8k input and 3.01k feedback resistors), it sounds very smooth and detailed. Of course, as Russ said, the big advantage with this approach is that no caps are needed, and you still have 0v offset.
This is crrently my favorite headphone amp out of: CKKIII, Beta22! (was 3-ch currently wired as 2-ch), a JLH designed 'Chiara' clone, and a balanced Jisbo buffer (I suspect this could be best with low impedance phones) . I also think it betters the Stax 2050 in everything but Bass.( The bass on the Stax when driven direct from the Opus is really something!). I'm currently starting a MMax build, but don't really expect miracles
I thought I'd better clear this up, as a comparison of 8740/8741/Buffolo might not be a case of simple substitution but might well depend a great deal on the rest of the system it's built into. As I said earlier the Buffolo will have to be VERY special to better this IMO. YMMV, of course.
Happy building everyone.