I own the PS Audio PW DAC and Trans. I do not run a network set (aka Bridge option for the DAC). IT's a great, very natural sounding DAC with little in the way of harsh digital artifacts. It will handle all bit depth's, sampling frequencies. I have found whether playing 16/44.1 or 24/192, the unit sounds best playing in Native mode. By selecting that mode, you bypass the sample rate convertor. It does allow you to upsample source files if you want. Bridge still has some bugs like gapless play for Flac files. They are working on a fix. Do some reading in their forum where issues regarding bridge are being discussed. What I like most about PS Audio is their product support. Even the President of the company responds to inquiries in their forum located here.
http://www.psaudio.com/ps/forum/viewforum/6/
The Berkeley Audio Alpha DAC is another worthy of consideration.
http://www.psaudio.com/ps/forum/viewforum/6/
The Berkeley Audio Alpha DAC is another worthy of consideration.