Thanks for your replies. I will try to answer your questions below.
1. I have a new S.M.S.L. DO400 DAC with a choice of four DSD filter settings. I also have a Loxjie D60 (which is basically their budget version of the same DAC) with the same filter settings. Both force you to pick one of them, so I am sticking with the lowest value on each (which is the default).
Default (lowest) is a good choice in this case.
2. I thought it was obvious. Will it make any difference if I remove the Bluetooth antennas, since I am not using them? I don't stream music via Bluetooth and my only experience with it was a negative one, when a remote for another device caused problems with it .
I would not remove the antenna. Bluetooth is extremely low power and I have never had any problems with interference on any device using it. And if you don't remove the antenna, you don't risk loosing it in that big box of random stuff in your attic
For anyone who is interested (and there is a whole discussion about this in another forum on this site), so far the sound and performance of both DACs seem to be identical. I'd say the DO400 is worth the slightly higher price because the display screen on my D60 went wonky after about a year (when the warranty expired). It's nearly unreadable. The screen on the DO400 is smaller, though. So it's harder to read from across the room. But it looks like its higher quality.
Sucks that the screen failed so early. If you feel comfortable opening it, you could check it it's just the display cable that might need to be re-seated.
I like the sound character of these DACs better than any of the others that I have tried. Both use the ESS ES9039MSPRO chips. I have always had very sensitive ears and could hear much higher frequencies than most people (my ENT says I am his only patient that got scores like that on hearing tests.) In my old age, that ability comes and goes. I also have to deal with tinnitus (which also fluctuates). DACs based on this particular chip seem to give me the fewest hearing problems. They also meet my asthetic preferences.
Let me put this gently: We all like to think that our senses are a bit above average. It's a bit of a
golden ear thing with audio devices and hearing. I get it and - ironically - I hope the same is true for my ears. However, I have come to realize that in controlled tests, that notion fails quickly.
Modern DACs have surpassed the limits of human hearing and have done so quite some time ago. Think about current equipment like 5G or WiFi: Those use DACs in the GHz range with insane performance. Reproducing audio is not a challenging task anymore for modern hardware. The consequence is that DACs - with very few exceptions of bad designs and odd filters in boutique devices -
don't have any sound signature anymore.
I am by no means an expert in this area, but it seems to me that most of the DAC chips I have heard -- whether they sound pleasing or not -- seem to be trying to expand the width and depth of the sound stage. The also seem to be trying to replicate the ambiance of the rooms where the sound of the tracks you are listening to were recorded. I can understand why people would like that, but I don't. The room I am listening in has a character of its own. My feeling is why lay the character of another room on top of that? I'd rather have as clear and uncolored signal as possible. The ESS chips that I have heard seemed to be the best in that regard. But they tend to be a little shrill on the extreme top end -- which, to my ears, tends to distort. The ES9039MSPRO is the only DAC chip that I have heard so far that mitigates it to my satisfaction.
Sound stage is a property of the recording and influenced by your speakers, your room and their interaction. DACs don't alter it in any way - if they did, they would fail at their one core assignment: Converting digital to analog as truthfully as possible. Distortion in current DACs is also far, far below the limit of audibility for all humans. DACs easily reach a THD of -120 dB, while humans typically
fail to identify distortion around -40 dB with some edge cases in controlled tests reaching slightly below -50 dB.