Finally got around to doing a head to head A/B of the 2009Valab board vs. the old board. (No mods).
Conclusion: The 2009 Valab Dac sounds much better.
How much better you ask... Lots Better! The sound is simply more relaxed and heading towards the sound of live instruments. At first I thought this was happening at the expense of a loss of resolution, but further listening proved this was not the case. In fact resolution is dramatically increased in the 3 dimensional soundstage. I first noticed this in the bass, but I now I hear that it extends to the whole frequency range. Bongo's, drums, cymbals, triangles, guitar, massed strings.... everything!
The soundstage sounds softer because the instruments are now presented in real 3D space. The old board still sounds natural with the same huge soundstage but the individual instruments are not as 3D, it’s as if they are compressed into a smaller space. This makes them sound louder but definitely not as realistic. If your system can take advantage of this "live" presentation then in you are in for a real treat.
I always had trouble listening to Classical music with digital audio, it just sounded hyped up. Anybody who attends live Classical performances will know what I mean. The overall sound is "soft", yet at times a trombone can rip your head off and a triangle can ring in your ear from 100 feet away. The new board brings this kind of relaxed dynamic presentation with the noise free, flat frequency response that only digital provides. Very cool!
Digging deeper into my music library I discovered that this effect was not just limited to acoustic instruments but to any properly recorded music. Dire Straits Brothers in Arm which I always thought was a tad bright and a bit heavy handed on the EQ, came off very natural sounding with guitar riffs that simply..... Crunched!
All this for $200 …. you have got to be @#$%+&* kidding me! If this doesn't work for you, it's not the Dac, it your crappy sounding system.