In what sense does an iPhone crush compact cameras? The only reason compact camera's stopped selling is because an iPhone was good enough in most situations. Even if they would use the same sensor you still lack zoom lenses, a proper flash shoe and ergonomics. And let's not start talking about rx100's and such...
Besides you can already buy what you want in 2 parts. NAD master series pre en power....and the price is even pretty fair considering the parts used.
I agree with your second part about NAD and I think this is great progress indeed! I just hope that the next step will be not two boxes but one, not $10K but 3 or 4, and SINAD of 110 instead of 100
P.S. The iPhone camera was fighting an uphill battle because it was severely handicapped it terms of size of lens and sensor that it could use and so it had to invest heavily in the image processing algorithms, whereas an AVR maker can more or less pick the best of the already available components and just think of how to isolate them better within one box.
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