Great DAC, but then again anything by Chord is excellent. Perhaps a bit too sophisticated for some, judging by a few of the comments below. This is an state of the art DAC based on FPGA technology rather than off the shelf chips. Built strong enough for a tank to run over (which they do in a Youtube video.) Price is pretty good, but beware the Hugo 2 is out so this is already superseded.
You can make anything" strong enough to run a tank over" by using milled aluminum for enclosure, takes no real skill to do it, completely useless for its intended purpose and jacks up the price you pay.
$1100 is cheap for an FPGA DAC. I paid almost twice that for my Chord 2Qute, a fabulous sounding DAC more user friendly than the HUGO. If you’re happy with some cheap plastic box with a generic chip costing a few dollars then good for you, I wish you happy listening. Price over quality is obviously your prime concern and I have no issue with that. I just happen to like well designed, over-engineered audio gear, precision metal cameras, and mechanical automatic watches. I can’t always afford the best of them, but I appreciate their quality and the effort that went into making them.
The only thing in my head right now is the thought of a drink at 5pm to reward myself for an afternoon of chainsawing dead trees. I was smart enough to wear ear protectors so I can enjoy my Chord DAC over coffee in the morning. Life is sweet.