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Balanced in and out on headphone gear is completely unnecessary. The only advantage is when you have long cable runs which would never happen here. This is a very accomplished DAC and I challenge anyone to hear a difference between this and the new model. I committed because there is nothing better in a compact DAC/Amp and this is a great price for new..
Another advantage for balanced is reduced crosstalk, but even then it's only a minor improvement and highly dependent on the rest of your setup.