Hi everyone,
It happens I still have the early version of this Rega DAC, from 2011, which had 5 filters instead of 3, and an asynchronous USB.
When testing it from the Optical input, at 24bits/192kHz, I got the exact same results as Amir:
View attachment 497561
The results are the same at any sampling rate. Other testing showed exactly what Amir reviewed.
Stereophile reviewed this early version as well, mainly using a CD Player as the source. I found the same results too, when running the same tests.
What's to mention is a good resistance to intersample overs, above 2dB.
If there's an interest, I can publish more. But I must say that not only this is disappointing for the Wolfson DAC in use here, but also that 4 years later, for the revised version, it had the exact same issues, mainly due to a high level of distortion.