I have not heard the Audio GD products, but they have a very positive feedback on other forums and review sites. The general sonic signature seems to be very natural sounding without any harshness. The different product lines relate to the type of DAC chip used. They still have DACs that use the old PCM1704 ladder-based DAC chip. They also have a new discrete R-2R resistor ladder DAC. The product I mentioned above uses the new ESS Sabre 9038 pro DAC chips.
Here's a nice review that also talks about the internal architecture:
https://www.youtube.com/watch?v=W0VRkcPMqg4
I brought up the Audio GD option because I think they have an excellent architecture. Three fully independent linear power supplies for the digital section as well as each of the analog channels. Nice large power supply capacitance with a lot of local capacitance next to the analog circuits. Excellent digital clock selection. Thick metal walls for isolating transformers and digital/audio sections. Fully discrete Class A FET based analog output stages.
They are made in China and you have to order direct from China. You can sometimes find a used Audio-GD item up for sale, but they are rare. The NFB-27.77 would be a very nice DAC/preamp.
As far as the discussion on the Emotiva XSP-1, I think I would rather get the Parasound P7. The quality of the internal components (capacitors, etc.) are going to be much better on the Parasound. It does have a phono preamp, but obviously it is missing a DAC.

