iFi insists on using the older 1793 chip because "it sounds best" which is a subjective claim and not at all proven. The DAC I'm currently using is using the PCM1794A flagchip in dual mono mode which is specced at 130dB SNR/DR, objectively that's a whole lot better than the one iFi uses, which is both a cheaper and an older part. But they'll tell you it'll sound better. See where I'm going with this?
I'm not the expert on MQA but there's more and more DACs and dongles that will support its decoding, especially now that ESS Sabre has released chips that can decode it on DAC level rather than on (USB) receiver level, so you can only expect still more MQA-capable cheaper devices out soon enough. I can think of the Pro-Ject Pre Box S2 and the SMSL M500 at least.. both more expensive than the Zen Dac I'll give you that. The SMSL M500 head-amp is much more powerful than Zen Dac though.
About the power supply question, you should know that Amir tends to use a simple Samsung 5V adapter of no renown or big cost. Most DACs apply power filtering at the input after all, and the quality of power supply should be inconsequential.