Woodsyi,
you always seem to be the man comparing the stuff that people really wanna know!
all I can say is..
thank you! bring it on.
actually i think people around here have a lot of respect for both designers and I think your reviews are both tactful and respectful. 
I have good relations with both Wayne and Steve. I respect works from both of these guys who are also very good people. It may seem like I am pitting the two against each other but I am not trying to do that at all. I think they are catering to different markets. I have a mandate from my wife that she be able to come down, put a CD in and play the setup without me. So, an actual CD transport is a must for me to have in the system. I have kept up with Wayne's work on SB on both digital and analog fronts. I have always preferred digital out to analog out until the last update (prior to RMAF and collaboration with Hugh) when analog got even with the digital out.
At the same time, I was also using I2S Off Ramp from Steve for direct interface with PC but I figured out that sound was very dependent upon DSP. As I fiddled around I really liked some tracks but I also found a few that were over-saturated with processing. I am sure it will get better with software improvement. I really didn't want to give up on Off Ramp because 24/96 music really jumps out at you with overall clarity and depth compared to 16/44 but I decided to go with Pace Car for my digital out. Implementation of Pace Car was not feasible for a bulky PC and I am leery about eventual obsoletion of any PCs in a few years. I have kept my eyes on Pace car ever since Steve modded my DAC but could not update the clock due to none being available at the right frequency. When Pace-car became available, I decided to give up on the Off ramp and the 24/96 capability and go with a Pace-car to slave a (44.1k only) SB3 and my 24/192 transport. I have been intrigued by the Lessloss DAC and its master/slave solution and this does the same thing. I get the best clock(s) for both of my transports and I don't have to deal with the vagaries of PS related distortion coming out the Squeeze Box.
From my perspective, I see both trying to get the best sound out of SB's. Steve is working with an external solution with digital out only and Wayne more or less is working internally (counting the external PS as intrinsic part of SB) to get the best signal out. Both have pros and cons as is the case in all things audio (and everything else if you get right down to it). It will be very interesting to compare what each does at what price point. I hope the findings will be informative for the readers and beneficial to both companies. BTW, I respect both gentlemen and I think they do great work but I have no hidden ties with either except being a satisfied repeat customer.
