I think this review should have been prefaced as a review of the component as a DAC/PRE only. The initial conclusion that this component is merely a "good" all in one may be a little misleading since the headphone amp part of the m903 is certainly one of if not it's main feature. Not sure which all-in-one at or near the price range would be considered "better", or merely a different flavor.<br />
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For reference, I use this component in a desktop listening station together with Beyer T1 headphones and Neumann KH 120 (Klein + Hummel) monitors and in this capacity it absolutely shines.
