There. Someone said it before I did.
I didn't want to be the first, and it's very early on WRT the evolution of the Monica II, but I would have to say that the lower midband on this thing is SO smooth, despite all the green-ness, that my gut impression is that, yes, I agree with Horizons, and I am beginning to prefer the presentation of the Monica to my beloved Nixon DAC, which is no slouch either, and isn't going anywhere, anytime soon...
Synergy
I will also say that which I had concluded months ago, and that is that in my thirty years of tweaking audio, cursed-with-perfect-pitch, humble, musician's opinion, battery powered non-oversampling DAC's offer an unusual synergy with equally battery powered T amps. When careful attention is given to implementation, it gets really very special.
Addendum:
About the same time, three and a half years or so ago, just before I became aware of the Nixon DAC, I was auditioning the Zanden "Uber" DAC at home, also a non oversampling DAC, pointed out to me by Doug Schneider of Soundstage.com. A fabulously musical machine, and a shrine to industrial art, (and conspicuous consumerism) I might add. I might also add that it is a $12,000 piece. I LOVED the sound of the Zanden. Then the $250 Nixon came along. I didn't love the Zanden $11,750 more than the Nixon. Sonically, the Zanden is NOT in another league. I am beginning to prefer the sound of the $120 Monica II to the $250 Nixon. For the sake of my own musical enjoyment, frankly, I can afford the Zanden, because life is short, delicate, and there are no guarantees. After the Nixon, I couldn't JUSTIFY the Zanden. Again, I am beginning to prefer the Monica to the Nixon, and I really like my Nixon DAC. So, if you want to get it "right," and you don't DIY, get the Zanden. It's twelve grand, and you will be assured, you Got It Right. Enjoy.