I agree with
@solderdude and will take it a step further: I think this is a great product.
In another thread I started less than 24 hrs ago, I was asking folks for suggestions for a device with two digital inputs, one USB and one coax, and a coax output. This is because I have two digital sources and want to feed active speakers that have digital inputs.
Ideally, I wrote, I'd prefer AES EBU output from this device, because the speakers use AES EBU for their digital input. But I figured beggars can't be choosers and coax to AES works fine for short runs.
What I didn't mention was that I have two digital sources because one is my computer-based streamer (which works best when outputting USB), and the other is a disc transport (which has a coax output).
So with this Schiit URD, I get the USB input for my streamer; I get the AES EBU output for my active speakers' digital input; and I no longer need a coax input at all because
the disc transport is included in the unit. That makes it a very elegant solution because it not only provides the input switching and digital port format conversion I was looking for, but it also makes the whole deal a one-box solution since a separate disc player is no longer needed.
I understand I've just outlined my own particular use case, but judging from some of the comments in the thread I referred to above, I'm not alone in wanting multiple digital inputs and multiple types of digital outputs in a single device. And I'm willing to bet I'm not alone in that one of those multiple digital inputs I need is for a CD/disc transport, because I still like playing discs sometimes.
As for the price, $1299 seems a bit steep (and $50 extra for silver is just stupid). But that's only if you think of it as just a disc transport, or as a less-full-featured competitor to the famed Oppo UDP-205, which included a DAC, multichannel output, and SACD/DVD/DVD-A playback capability for the same $1299.
But you have to keep in mind that the Urd is not meant as an Oppo replacement (or a competitor with Panasonic or Reavon universal disc players). If you want multiple digital inputs plus AES EBU output, you're looking at a minimum of $1k for a MiniDSP SHD Studio - and that's without a disc transport (and without USB output, for what that's worth). So is $300 too much extra to pay for the included disc transport and USB output? Maybe - but IMHO it's not a crazy premium given the apparent mechanical/build quality of the transport, the elegance of the single-box solution, and the uniqueness of the USB output.
The only thing that concerns me is that "linear power supply with two separate transformers," If you stuff two linear transformers into a 2" thick box with a bunch of audio electronics also jammed into it, you've got to implement that exactly right or else you risk all kinds of interference, noise, jitter, and so on. Oppo did it more or less flawlessly with the 205 - but that was Oppo, and the 205 is a lot more than 2" thick, and one of their two PSUs was switching, not linear.
I also don't like the fact that the black Urd has a silver tray cover - it's goofy aesthetically, and I can't help thinking it's a silly cost-cutting measure so they only have to have that part in one color.
Oh, and finally, Schiit's 15-day money-back guarantee is nothing to sneeze at considering that MiniDSP's return/exchange policy is "No, never, go away."