I have a slightly different take. I've always thought Cambridge generally did a better job than a lot of "high end" or "high end adjacent" companies. Less noise, less distortion. That's true here too. I am not sure how the DAC performance was allegedly measured, since there is no DAC output. You cannot actually measure the performance of the internal DAC absent a pair of outputs coming straight off the DAC. That's like claiming to measure the voltage gain stage of an amplifier when all you have are speaker terminals. You can't. There are multiple stages and "components" all effectively wired in series, one of which happens to be a DAC. No kidding a standalone cell phone DAC might measure better. It's a different animal.
What the Cambridge does manage to do is handily beat the standard "good enough" integrated amp distortion level of .015% THD+N, 1W 8ohms. It's quiet. 10dB quieter than the norm for the product class, if you have any familiarity with general measurements for the product class. What it also has is sufficent open loop bandwidth and feedback to work properly. Did Doug Self give some input to Cambridge at one point? Yes, and this is perhaps evidenced to a degree in that the 15kHz THD stays around .015% or less. It doesn't rise to .2% or some other obscene figure like many "high end" products. Not even .05%. It's wicked good and beats a lot of Hypex amps on this measure.
Also, for something with a traditional linear power supply, the 1kHz THD+N is also very, very good. The very best products out there can only manage about .0025% or so with 1W into 1kHz at 8 ohms, e.g. a McIntosh MC462. This isn't that far off. It's what, .005% or so? That's remarkably good for a $1000 product with a linear power supply. Personally, I prefer to avoid switching supplies. The noise performance can be great, but the linear supply has its own set of benefits which are too often ignored here.
As for the preamp outputs--seriously? It's just distortion from the power amp clipping. And it still does drive 2V cleanly and with very low noise, just with slightly more distortion on those last 3dB than it will drive 1.6V. Inaudible, since the speaker distortion is through the roof by that point. Plus, rarely if ever have Hypex based products been savaged here for not reaching full output at 2V. So why is this product savaged for the inverse? Buy an amp you can drive to full output with 1.6V if you want to use this as a preamp and insist on not having .03% distortion. Same advice might be given to people trying to drive a Hypex with this thing: Buy something else to drive it. Which product is "broken"? Either none or both, pick your poison.
Honestly, companies should just start removing preamp outputs entirely to avoid criticisms like this. That's one way Cambridge could have "fixed" it in V2. I see lots of criticism that this is V2 and Cambridge did not fix this despite ASR telling them to. Well, think about that. Why don't they care and why didn't they just pull the outputs? Because ASR is irrelevant. Preamp output voltage in an integrated is a minor issue. But they get savaged for that and everything else that ain't on top of "the chart" because they are selling a product with a traditional linear power supply. That will always get savaged at the home of the SINAD drag race. Manufacturers don't give two whits what ASR or anyone here has to say about a darn thing, outside of a handful of ChiFi manufacturers and Hypex integrators who see opportunity since they've got that 1kHz THD+N licked in their stripped down, offbeat products, often with usability and quality issues galore. And that's a really, really unfortunate but understandable thing. Even Cambridge, which offers one of the best measuring low cost, linear power supplied integrated amplifiers, ain't immune from the "IT SUCKS. DON'T BUY. TOPPING/AIYIMA/BENCHMARKS MEASURES BETTER AND U CAN GET THEM 4 PENNIES!" ASR guillotine. I think part of the reason many companies including Cambridge don't care about ASR criticism is because the site continues to insist on, as its calling card, its THD+N at 1kHZ drag race, and does little more than measure a product and proclaim it good or bad, with a very cursory look at the product (if any) in actual use, often followed by dismissive comments and commentary that "Product XYZ sucks because it's not as good as a cell phone DAC and 10dB worse than a $4000 pro audio product that measures way better..."
Behaving as ASR and its denizens tend to behave is not a way to be taken seriously by manufacturers. It's a way to be sure they ignore you, which by and large, they do. This is a "no win zone" for an outfit like Cambridge or NAD, not to mention higher end manufacturers. So, perfectly valid criticism falls on deaf ears. Unfortunate, but understandable. Stereo Review, which is what ASR tries to be the modern incarnation of, at least didn't proclaim every product that doesn't meet some weird, unknowable scientifically and audibly irrelevant "standard" to be an overpriced POS not worth buying and a bad value. That's not that ASR should change its ways. It is what it is, and after this many years, is not likely to change much.
But I digress... Cambridge may not care about ASR, but that's because of the arguably unfair conclusion. Cambridge gives you an integrated amp with a warranty from a reputable company with a linear power supply that will last for decades, and vanishingly low levels of distortion and noise for about a grand. It's a beautifully made product that would give anyone some pride of ownership. And you get a DAC that seems to not degrade performance of the amp's SNR and a free set of voltage-limited preamp outputs to boot. That's a fair takeaway, but that's not what anyone here is saying. Everyone thinks it sucks. Funny thing is, in its product class, it performs quite spectacularly, really, with one foible that is so minor it is hardly worth mentioning. Who hooks a power amp up to a stereo integrated amplifier, anyway?