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In February 1994, when I reviewed the pricey ($12,900 with amplifier) Sennheiser Orpheus headphone system—HE 90 headphones and HEV 90 D/A processor/amplifier—I commented that the company had a similar, but less expensive, alternative available: the HE 60 headphones combined with the HEV 70 amplifier. At the headphone end, the HE 60s aren't so different from the HE 90s furnished with the Orpheus system. Both are extremely lightweight and supremely comfortable—even for long listening sessions (I logged up to four hours without a break on the HE 60s). In fact, the less-expensive HE 60s are about 100gm—4 ounces—lighter than the HE 90s.

Apart from the Beatles and Hendrix I heard in my audiophile father's basement, one of my earliest rock'n'roll memories involved a multipurpose record player at school. In third grade, six of us were moved as a separate group to a round table to watch a filmstrip in a darker part of a large, open-plan classroom. A clunky old record player in a self-contained carrying case with a half-dozen headphone jacks sat on the table.

The challenge for Ayre's Charley Hansen was formidable. Having already designed a world-class preamplifier—the highly acclaimed $7100 K-1 (see Wes Phillips' review in March 1997)—Hansen set out to offer audiophiles "80 to 90%" of the K-1's sound and build quality at a price more of them can afford. Not that the new K-3 is a piece of "budget" gear. It's not. But at $4500, the fully loaded K-3, complete with phono section and remote control, is within reach of many.

The email from Herb Reichert was intriguing. "I am, with great difficulty writing about HoloAudio's new two-chassis May DAC," he wrote. "It is death quiet and very natural. It makes every recording sound non-digital."

Once Herb had finished writing his review of the HoloAudio for the August issue's Gramophone Dreams column, I sped to his Bed-Stuy bothy and grabbed the May DAC, both to get it on my test bench and to take a listen for myself.

Yamaha: The name evokes memories of my youth when those much-coveted receivers were out of financial reach, leading me to rely upon entry-level Kenwoods and Pioneers and others that sounded worse. Everyone who ever had a cheap receiver blow up—that's what caused me to move from Kenwood to Pioneer—or heard an old Akai that made LPs sound like 128kbps MP3s, please raise your hands.

I am fascinated by DACs and the shifting sands of today's digital-audio marketplace. This month, I am reporting on two more DACs, both made by Denafrips: the $4498 Terminator, until recently their flagship DAC, and the $768 Ares II, the company's least expensive model. Like the HoloAudio May DAC I described last month, both Denafrips converters employ R-2R conversion schemes, and both render recordings into direct, unprocessed sound.

LIVE: Thursday, August 27, 2020 - 12:00PM ET

Join us when NAD Electronics presents a deep dive into the NAD M33 BluOS Streaming DAC Amplifier, with an overview of features and benefits, including an in-depth look at their novel Eigentakt amplification technology.

UPDATE: This webinar is now expired