We have some interesting answers from Rob Watts:
https://www.head-fi.org/threads/chord-electronics-dave.766517/post-17065133
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So much for JA measurements showing excellence!
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Good to see that he accepts other DACs do better in noise department. The challenge for him is that those DACs cost as little as $150!
As to it being inaudible, how come this noise is, and others are not?
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Wow. How broken an argument is that? So his marketing is super effective. What does that have to do with performance of the DAC?
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There is nothing "essential cue for the brain there" or every music producer would throw up on their own creation when they listen to non-Chord DACs!
Rob has no background in psychoacoustics yet he keeps saying, brain works this way and that way. Show a reference at least.
And transients being randomly too early or too late? Really? What DAC does this non-deterministic thing?
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It is not as he hears them. it is as he hears and sees them considering how he never performs a blind test. All of a sudden when effective marketing causes people to spend money, becomes a proof point too! Even the most ineffective audio product sells. There are people who sell boxes of dirt with a wire and call it grounding. They sell them for thousands of dollars. Is this good enough for Rob Watts that they make audio sound better?
Finally:
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Oh really? If SINAD is dominated by noise, then you better not play more than 95 to 100 dBSPL your will hear background noise. Given that he posts in head-fi, he better be every careful with that statement as that causes noise in sensitive IEMs. This is why DAVE DAC did poorly in this test:
You absolutely can hear this kind of noise. Even 90 dB can be audible let alone 82.
All in all, it is amazing that my comprehensive measurements are counted with words and opinions.