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Ok, let's ask a specific question. I have a Cambridge 640cdp bought here on AC used for two hundred bucksl. Is there a $200 dac that will improve the detail, dynamics, imaging, etc of this piece of equipment? I just put a Buffalo Dac on it with only mixed results.
King Rex have one too - I forget the name
. . . it would help me (and others too) put a really inexpensive system to show at one of our audiophile meets.USB DAC would be preferred. My goal is a system total of $750. ( All I need is a USB DAC under $200 - used or new)
There's also the upgraded Beresdord Caiman, with a different DAC chip, op-amps and power supply. But it's moving a little outside your price range. Beresford 7520s can also be converted to Caimans by a skilled DIYer.