+1 vote for the Denafrips Ares 2 is definitely great bang for the buck. My DAC progression: Schiit Bifrost(for 1 year) Schiit Bifrost + Uber (for 3 years), Schiit Bifrost 2 (for 2 weeks), Denafrips Ares 2 (1+ years). I can't think of anything missing with the Ares 2 "sound" in my setup. It is complete to my ears. IMO, there is an incredible amount of snake oil and subjectivity in the audiophile business, which is revealing about psychoacoustics... For me the bottom line is you know you have found the audio setup you're looking for when you forget about the components (they accumulate dust!) and enjoy the music.
My setup:
Mac Mini ->Toslink->Denafrips Ares II->Creek Audio Destiny->Wharfedale Diamond 10.7