This DAC was new in the box, I've only auditioned it a couple of weeks. It has gotten a lot better.
This is a silver faced model and includes original double walled shipping box and user manual. Made in 2005, the Mark II I am pretty sure. There are a ton of reviews online so check them out. They are all raves; this is one very transparent and natural sounding DAC with tons of space. Nice feature is the built in Upsampling to 192K with one button. Definitely nicer sound from 44.1 & 48Khz material with the filters out way above the audible range. Sounds super relaxed and eerily clear. Working great with my PCs Echo Layal 3G, my Audio Alchemy DDS Transport, & Dish Network VIP722 receiver. I can only imagine how much better it might be with the I2S connection to it's mating Transport from North Star. Very low jitter design with discrete analog output section.Auto syncs to any input. Made in Italy. New from the box!