@Daniel Gullman , well my dilemma is largely thank s to you
My original thinking was a Aurender N20 with a Premier Stack (including the DD) but then in great conversations with Jamie (TAE) and Vince I became more and more convinced that the Reference and Renderer were the way to go. And all was good until the Cascade was released so on the 23rd of Aug I will listen to the 2 side by side and decide. My gut feeling is the Cascade is the better long term approach but due to layout constraints if I go with M205's I will not be able to add an external streamer in the future.
I have more CPU power and bandwidth on my computer systems but a severe lack of space , now there is an option of adding a streamer controlled via SW (Tidal Connect or Roon) via a fiber optic connection and the ProISL Interface (native or via USB). Love to get your thoughts on that approach