I like and respect Paul of PS Audio and own the PW DAC, Bridge and Transport but I too am underwhelmed. From Paul's earlier posts on PSA forum and from my and others questions on the forum to Paul I think most would have thought it was the NC1200 that he was talking about. There is no way one can build an NC1200 for $1995. I know this because a close friend who is licensed from Hypex to build NC1200 amps, has been kind enough to ask for my suggestions and allowed me to see the costs. I do not know the finale selling price but his target price is a lot less then $9,000.00. He is using all premium parts and I think it will surprise a lot of people. He hopes to have production versions sometime in Sept. I have not heard it yet but hope to in a few weeks. When I do I will post my thoughts and try to not be a FAN BOY. It is possible that Paul came to the table too late for the NC1200 as there is word that Hypex has closed any further licensing of the NC1200, at least for now. Or he did not want to build an amp that would be in the range of $8-10,000 or saw an opportunity with his tweaks to build a great sounding amp that would compete with the NC400 DIY that would sell for what most DIY would spend.
And I believe Paul is wrong about the "IC OP amp" on the NC1200. Maybe on the UcD. I will get the specific but I believe you can not use "IC" on the NC1200 from what I remember.
IMHO, Al.