Amir-
You are, of course, correct. Except that to the small but vocal legion of Regen fan boys, it just does not matter one bit. They know the "truth" from sighted listening and they pat each other on the back inside that bubble for agreeing, both at CA and at WBF, as we know.
Swenson continues to amuse me. He is a very smooth talker who says his designs do this and that in questionable technical terms to improve what we hear, but he totally lacks the ability to measure it properly - at the output from a DAC. What kind of competent engineer does that? I believe you are smart enough not to enter the fray at CA, much as Swenson would not dare tangle with you here without his chorus of fan boys. I am convinced he is either quite myopically misguided or totally disingenuous.
But, you had the arrogance and temerity to actually put in an order for an ISO Regen. How insensitive. What were you thinking? This is all your fault, as is obvious, you lying, cheating, measuring son-of-gun, you.
Alex is indeed an impetuous fool from a business perspective. I believe this flap will do him more harm than good. But, probably not much, because computer audiophiles are desperate to believe what they want on the flimsiest of evidence and trumped-up quasi-technical mumbo jumbo, probably even more so than non-computer audiophiles, sadly.
Snake oil will always be with us in audio, I am afraid. The politics of audio are just as bad as they are in Washington.