nc42acc, I compared my Denafrips Terminator to the updated DS with snowmass. I used a Jay's Audio cdt-2 mk.2 transport into both Dac's with a WW Platinum HDMI I2S cable. I'm sorry to say it's not even close. The Termy is a much better Dac.
The Termy is much more open has better prat, more air, micro and macro dynamics are better. Bass is very powerful with excellent tone and texture. Maybe with SACD it will sound closer but with redbook the Denafrips is at a higher level, imho.
I'm curious what your impressions will be.
Anybody in the market for a PS Audio Memory Player and DS sr. Dac I'll give you a great price as a package deal.
Joe