At home.
MP3! No way, files are AIFF (as per my explanation and signature) - completely lossless imported from a CD, no compression whatsoever. I'm very familiar with this format as it's the format I use when recording my own music. I also keep everything in this format when I master on to CD as well. I never ever download any music and I never use any lossy compression. Also I don't use USB to my DAC, I use TOSlink currently although when Apogee release the Leopard drivers I may give Firewire a whirl, but I've a sneaky suspicion that it won't be as good.
I know it sounds absurd that a £5k player (and a £4.4k player) should not sound as good, but this is a genuine result heard in my own system at my own home. My current source destroyed my MF combo which I had for a while and loved a lot, and not 'only just' either.
Mine isn't the Duet, it's the Mini-DAC. Unfortunately the exchange rates are not brilliant and the Mini-DAC retails at £1k (although I paid less for mine
), still a freakin' bargain though!
You have definitely hit the nail on the head Tim. RAM is always more stable than anything with moving parts (ok, the HD spins, but only to block dump data) and the DAC [u]IS[/us] the source rather than the transport. This is where I feel computers have the advantage over CD players. I'm not sure the audiophile community will make the switch too hastily though, CD players are a tried and tested hi-fi source and there are some very very good CD players on the market, and not all necessarily cost £4,000 and up.