Are DAC's overpriced?

It is true, jitter is the current 'catch phrase', covering everything from cellulitis to barnacles.      
Two old bags in the hair salon.. "My doctor told me I have toe jitter..." 
Car salesman: "And this used beauty... No jitter, not even a trace!"   
Judge Judy show:... Plaintiff: And we discovered after we moved in the house HE rented to us.. it was FULL of jitter". :How could we stay in such a place?" Defendant: 'They brought the jitter with them.."

@ audioengr 

Jitter is not the real problem today. Bad recordings are and probably will always be. 

Yep...

Steve N,
Your comments about buying a DAC without a re-clocker are interesting, but perhaps a tad misleading. The world of sound is no better than the recording studio builds into it. So, there ya go.

@brucenitroxpro

Also remember most rooms don’t have more than ~60-70dB of dynamic range. So Steve, in another thread, saying that using his reclocker to go from 22psec (-120dBFS) to 7psec (-130dBFS) resulted in a difference he could hear, that already is a huge red flag. I’m not calling him a snake oil peddler as his product works (well, Audioholics did measure his >$700 speaker cables, which he says addresses the issue of skin effect, which plagues cheap cables, yet his measured identical to lamp cord in that respect), but I’m just saying that it doesn’t add anything over a modern, competent DAC (the $80 Grace SDAC has a Jitter-Test result of better than -125dBFS); maybe if you had an older DAC that you absolutely didn’t want to get rid of, or a modern incompentant one, then maybe his $700 reclocker would be useful.