OK here is the update after listening to the Yulong and Grant Fidelity dac and burning them both in for a few more weeks.
As I listened more to the Yulong I found that it was indeed extremely smooth, and took the edge off the music, and was non fatiguing but I also found that it seemed to take off a bit too much of the vibrancy of the music in the higher frequencies. Those amazing diamond tweeters in my B&W 802D speakers seemed to have a bit too much of the sparkle taken off and smoothed out by the Yulong dac. If your system is bright and you want to tame the highs and bring out the midrange and bass then this is the Dac for you.
The more I listened to the Grant Fidelity Tube Dac 11 (and the more it was burned in) the more I found that for my system it seemed to strike a little better balance smoothing out the music and taking some of the edge off of the music while also retaining the dynamics and brilliance of the higher frequencies as well as nice solid bass. I find that for a lot of older rock and pop music which sound very thin and that was not recorded very well, the GF dac fills out the music very nicely and adds a nice warmth to the music. Compared to the original dac in the squeezebox touch the GF dac was more listenable for longer periods at a louder volume and took some of the harshness off some of the treble for some songs. For those songs that were recorded well that did not have any harshness on the squeezebox dac, the music still sounded great with the GF dac with the soundstage moved further back and further away.
In conclusion, in my system, I think the $325 spent on the GF dac was a very nice overall improvement to my sound system. I have since returned the Yulong dac to Grant Fidelity and I have kept the GF Tube Dac 11. The next upgrade on my path to improving my 2 channel music room is 2 bass traps in the front corners and then that should be it....at least for a while