My first experience with a Holo DAC was several years ago with the Cyan DSD. I found it to be flat and lifeless. I was excited to try out this DSD-only ladder DAC and ended up in disappointment. And yes I gave it a lot of burn-in. So, the question is — has Holo improved over the years of putting out more and more expensive products? My main concern is dynamic performance. Holo seems to have improved on digital circuits, but…what about the analogue circuits? 

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