rlw6534
Headphoneus Supremus
I think a key issue is that the "Gryphon" is mainly a copy & paste merge of xDSD & xCAN I designed.
When originally designed the xDSD was meant as replacement for the 199 USD nano iDSD black label. As it had more inputs (SPDIF, Bluetooth) it was targeted at ~ 250 USD.
The xCAN started life as replacement of the 129 USD iCAN nano and the BT system was supposed to be optional, with perhaps ~ 150 USD target, on the request by S&M. It was to have a classic potentiometer as volume control, which pretty much rules out a true balanced circuit and as a fairly cheap product that's how it was designed.
It kind of jumped to the x series casework and other details because then S&M decided it would not possible to sell a balanced iCAN nano in the nano casework.
Also, the designs are quite old now, released in 2018 and designed quite a bit earlier. As in many ways the xDSD and xCAN ended up competing against each other, so it was clear that the next generation would merge the two devices conceptually. I left iFi before any real work was started on this.
Originally the idea was to get both the xDSD V2 AND a replacement for the iDSD micro using all the improvements (like volume control) and making them portable / transportable counterpart to dedicated "Desktop" units which, for the xDSD broadly came with the iDSD Neo and the parallel unit to iDSD micro (and signature, finale and diablo). What ifi offered me to do the job as external design studio was a joke, so I declined their offer. As a result there were no really new products in the micro category only warmed up leftovers and so far no desktop "micro" range.
The "Gryphon" appears "designed" by a copy/paste merge of xDSD & xCAN at the chinese factory, without taking advantage of the opportunity to go for a fully balanced circuit (the cost impact would have been minimal) and carrying a lot of circuitry in the audio path that could have been removed (so yes, there are more daisy chained active stages than really needed, which is never a good thing). It also did not get the dual loop headphone amplifier I tested out on the "Neo" based on what I see on the PCB, which would have lowered noise and distortion.
Lastly, yes, many other commercial "balanced" Headphone amplifiers actually turn the incoming signal to sigle ended and use the same system as I did in the xCAN and Diablo where the balanced out is created by inverting the SE Amplifier output, including some very pricey and "High End" ones. But yes, I consider a less than optimum approach to designing the audio path.
Thor
It's a shame the the word "balanced" can have multiple meanings in the audio world... In my case it just leads to a confused customer as most products use "balanced" as a selling point, implying that it's better somehow (even for IEMs)...