Here is my subjective opinion of the Audiopraise VanityPro for what it's worth. I use a HTPC with Jriver and Roon. with Dirac live, into three Theta Gen VIII dacs. So far, I have used the Minidsp UDIO-8 and Lynx Aes16e to get digital out of the PC for multi-channel. I also have a Tascam UH7000 microphone preamp with a custom linear supply that also serves as a USB to AES/EBU converter. Lastly, I have a Berkeley Alpha USB.
The Udio-8, Lynx Aes16e, and Tascam largely sound the same. Maybe the Tascam is a little better but I'm not sure. The Berkeley Alpha is clearly superior to all of these. It's not a "reach." It's easy to hear. The audio gets much cleaner and clearer with the Berkeley USB. However, this has caused me anguish because I want a multi-channel interface that does as well as the Berkeley.
Ok, back to the Audiopraise VanityPro. I hooked it up to my Panasonic Blu-ray player to take a listen. I expected this to be the better case scenario than audio out of my PC. However, the sound was about the same as the Lynx AES16e and Udio-8. I fiddled with Jriver and Roon. But as I was using my Theta Casaablana 3HD as it connects to my display, there seem to be a problem with the proper sampling rate. It was always at 48Hz which the older Casablanca which is the rate at which the older processor runs. I disconnected the Casablanca and ran HDMI out of HTPC with Jriver into the VanityPro and the HDMI out into my Samsung TV. Then everything "clicked" into place. 16/44Hz stuff and 24/96Hz stuff all played at proper rate. After this for whatever reasons, the sound greatly improved. I actually wondered if it was as good as the Berkeley Alpha USB! I was/am very happy with the sound. Some level matched switching still had me favoring the Berkeley. If I had to give a grade. I'd give the Minidsp UDIO-8, Lynx AES16e, and Tascam UH7000 a C for audio. I would give the VanityPRO when able to play back at the sampling rate as the source material an A and the Berkeley USB an A+. Someone, finally for me, made HDMI capable of true high fidelity.
I have for about 20 years purchased various prepros and experimented with different methods to try and get multi-channel to have as much fidelity as what I get with two channel audio gear. I've thrown a lot of money at it with stand-alone dacs, monoblocks for front three channels, you name it. I just never have been able to reach satisfaction. But Audiopraise, with the caveat that the input sampling rate matches the source material actual rate, does it.
I would like to make a note on the sample rate observation. Typically, I don't notice that much difference when audio is sampled to other rates than what is on the disc. This case was very unique. I don't know what role my older processor had. My guess is that Jriver read the Casablanca as a 48hz device and sent audio at that rate to the VanityPro. This is my subjective opinions for what they are worth. I realize this is the wrong forum to give any kind of subjective opinions but for those who walk the line like myself between the subjective and objective, I hope my opinion helps. Audiopraise produced a unique device that delivers on it's promise.