If you add up what a decent preamp will cost as well as an external DAC then it is good buy, if a little painful when handing over the £400. The Mojo is a remarkable bit of kit, makes music. Doesn't seem to change in sound terms whether plugged into charge or left on battery power either - I use a LPS to do this which might be OTT. BTW I got the very nice case thrown in for that, Frank Harvey Hi-Fi - it's normally £60!
Cheers
Rod
Goldring G99 with Hydraulic reference arm, Logic DM101 TT, Rega 250, litz modded, Raspberry Pi3, Justboom Digi HAT spdif into Chord Mojo DAC, Avondale modded Naim CD6. Amplification: Valve - Leak TL12+ pair, Passive pre home made, SolidState - RMS T65 monoblocks, Grad One preamp. Celestion Studio 66 monitors (restored) on carbon fibre stands, RMS Revelation 2's and Revelation 1's, Stands Unique Klarity. Stands Unique Carbon, TWS Wall supports, Avondale Audio black link cable.