Denafrips Ares 12th Anniversary Edition DAC Review - Hitting it Right on the NOS

Thanks to Alvin Chee of Denafrips/Vinshine for the loan of Ares 12th!
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My Previous Denafrips Reviews:
Ares II DAC: www.head-fi.org/showcase/dena...
Iris DDC: • Denafrips Iris DDC Rev...
Pontus II DAC: • Denafrips Pontus II (O...
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HQPlayer Website: www.signalyst.com/consumer.html
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Timestamps...
00:00 Intro, Pricing, Disclaimers
01:27 Shameless Self Promotion
01:54 More About Pricing
02:52 Why 12th Anniversary?
03:45 Features & Decoding Options
05:00 The Main Takeaways - Use Timestamps
06:50 Build & Unit Tour
10:30 BAL v SE - don't use both at the same time!
12:41 Test Gear
16:20 Sound Signature
20:26 OS v NOS for signals up to 24/192
21:43 Comparisons w/ J2S, dac1421, Bifrost 2/64
29:00 Observations w/ HQPlayer & Upsampling
31:43 Use NOS for Upsampled Signals
32:36 The Bottom Line