PS Audio unveils their PS Audio Directstream DAC

First of all I have no affiliation with PS Audio, just an interested observer.

PS Audio has just announced their successor to the Perfectwave MKII called the Directstream DAC. It implements DSD and eliminates the PCM delivery system and uses a Field Programmable Gateway to acheive results which they say will "uncover more music on redbook CDs than was possible.

A full explanation can be read here:

http://www.psaudio.com/products/audio/media-players/perfectwave-directstream-dac/