After having read all these posts re V2 and thermal design deficiencies, I must be listening to a completely different device
.
M500 1.08 firmware and absolutely zero issues, pops, clicks, or anything I can mention, while listening to 24/352.8 MQA, or DXD (24/352.8), or DSD256, or DSD512.
Have been listening for more than 2 weeks, since Nov.29. Used as a DAC, balanced connection to SMSL SP200.
One crazy idea though - it's connected to the "higher quality" USB port on Gigabyte Aorus Master motherboard, could that matter?
Their "USB DAC-UP 2" cleaner power technology.