I received an Overdrive Signature from Steve several days ago and am now prepared to give some initial impressions. My listening setup is this:
MacBook Pro with SSD ---> Amarra ---> Lotus Polestar ---> Overdrive DAC ---> AES out to Sennheiser HD800 headphones (balanced drive)
Everything is plugged into an Accuphase power conditioner, itself plugged into an Elgar power conditioner for double-duty series conditioning. Just the way I like it.
Upon receiving the unit, the first thing I noticed is how clearly it resolved the sound. Interestingly, I could sense myself adjusting to the sound---a kind of mental adjustment, I think---as it was sufficiently different to require I acclimatize. I also noticed a certain edge I assumed was due to capacitor break-in, being a lack thereof.
I then operated the unit for four days uninterrupted. The edge disappeared, and while the unit cooked away, I couldn't resist tinkering and replaced the +18V and 12V switchers with Paul Hynes SR3 units. Now, how did I just happen to have those sitting around my house?
Wow, this is one fine unit, Steve. Even without the Hynes supplies, which maybe add 10%, this DAC really performs. Most evident to me among its many qualities are clarity and transient response. I've not heard such clarity and attack, which together combine to a kind of crystalline transparency. It was this quality that required I mentally readjust as I mentioned above.
Bass is wonderfully articulate, dynamic and full, though through the Sennheisers sounds a little light. I suspect an extra few uFs output capacitance would cure this. From other user comments I've read, light bass response is not a characteristic feature of this DAC.
Using the same setup with the same balanced-drive Sennheisers, I compared the unit to a Playback Designs MPD-5 DAC I have in my possession. I had to listen a little carefully, but within a handful of songs, I felt a clear preference for the Overdrive: it's clearer, cleaner, more resolved, has a more delicate, engaging sound. FWIW, I consider the difference between the two DACs less than that between Amarra and iTunes. Going beyond mere sonics, though, the Overdrive scores with its fine volume control (good going on that one, Steve). Volume must be controlled using Amarra for the MPD-5. Because of this, all comparative listening between the DACs was performed at full volume for the Overdrive and at -6dB on Amarra for the MPD-5 to volume match. Turning the volume up to 0dB on the MPD-5 didn't change the character of the sound, resolution, dynamics, etc.
Also of note, the Overdrive uses a Superclock 4. I have a Tascam/Pace-Car/Ultraclock setup waiting to intall into this system, but Snow Leopard or something else I'm unaware of has prevented Amarra from recognizing the Tascam. I expect a nice sonic upgrade once I'm able to solve this little glitch.
Smoking good DAC, Steve! I am often disappointed at the appreciable oversights I see in how designers treat power supply and power delivery. Not with the Overdrive. Beyond the unique (non-switching!) volume control and what is likely fine digital implementation, I suspect this excellent sound I hear has much to do with Steve's attention to power supply and power delivery. Bloody hell, someone's finally looking that direction!