Yup... that's why I "settled" for the W4S DAC2. It has the latest D/A conversion, well engineered analog discreet output and all the features most anyone could want (excepting special HDMI buses, etc)... and it sounds incredible - irrespective of price (though I'm certainly jazzed it's only $1500).
Plus, I think it's one handsome little devil too. Oh, and on the question about DAC1 vs DAC2... while they both employ the same D/A, the DAC2 includes other higher quality build components (more and better caps at least).