The Formula vs La Scala II Optologic comparison would be interesting as to how close the half as expensive La Scala gets to the flagship.
Among other things, the Formula has a better power supply for the digital section (and better transformers overall), better resistors for the R2R ladder and separate boards for each R2R ladder (the La Scala has all 4 ladders on one board). However, given that the Formula employs a solid stage output stage and the La Scala a tube/mosfet output stage, its hard to know whether the difference in the sound can be mainly attributed to the different output stages or the 3 elements above.
Srajan Ebaen reviewed both but I am trying to grasp from his La Scala II Optologic review (http://www.6moons.com/audioreviews2/aqua3/1.html) as to what the difference really is, besides the La Scala being thicker, more opaque and the Formula being faster and clearer. I can't even read between the lines...
Well, your description of the differences ("thicker", "more opaque", "faster", "clearer") is how I would describe the difference between the entry-level La Voce to the Formula. Both are SS, but the La Voce uses a chip.
Formula is faster, with more presence, more bite too. Still, I think the La Voce (and the entire Aqua line, BTW) is ideal for folks who are traditionally prejudiced against digital (Ron, you hear me? hehehe). They are very "rounded", yet not flabby. Very robust.
We liked them so much we've picked up the line, as I think it's different enough from the MSB (and the Linn, and the Auralic), as we can then serve different tastes.
BTW, while I've tested both La Voce and Formula with the SGM, they are spectacular in their own right with a less elaborate transport, like the Auralic Aries for instance. The Aries is actually a good, inexpensive complement for the Aquas, as it adds a certain sharpness that pairs well with the Aquas.