Pretty big claims http://www.berkeleyaudiodesign.com/alpha-dac-reference-series-3/
The Alpha DAC Reference Series 3 uses breakthrough technology to redefine the potential of digital audio quality. Experienced industry listeners who have heard the Alpha DAC Reference Series 3 are unanimous in their praise, saying that the Reference Series 3 clearly outperforms any other DAC they have heard, including those with six figure retail prices, and even the much admired DAC portion of the Pacific Microsonics Model 2 studio ADC/DAC. In addition to its unprecedented PCM audio quality, the Alpha DAC Reference Series 3 also features MQA Rendering of unequaled audio quality.