While I haven't completed all my testing yet, I'm sort of inclined to agree with Dan's statement above.
For the most part however I do prefer the sound of the DAC in the ERC-3 (DC-1) to the XMC-1. To me it feels and sounds more organic with a monstrous soundstage that is more immersive than the XMC-1. However I am also inclined to think at this point the bass is a bit better defined and more dynamic on the XMC-1 compared to the ERC-3/DC-1, not by a huge amount but noticeable. Its a bit leaner and perhaps more clinical or analytical sounding then the ERC-3/DC-1. Its also possible the differences I am hearing have as much to do with the COAX cable, either for good or ill, feeding from the ERC-3 to the XMC-1 vs the balanced outs of the ERC-3. Perhaps the AES/EBU would perform better still. In a situation like this its difficult to have a level playing field or rather everything being equal. I have also compared my computer based music server via USB into the XMC-1 to the ERC-3 and still prefer the ERC-3 via its balanced outs.
Regardless if I had to choose today which I prefer to listen to, its the ERC-3 with balanced outs, no brainer for me. Suffice it to say I'm astonished at how good this CD player sounds, and I'm having to eat a lot of years worth of crow to state this too.
Hope this helps.
Analog: VPI Classic 1 TT with Sound Smith MIMC Star, Tubes4HiFi PH-16 Phono Preamp DIY Digital: Mac Mini M1 chip, Audirvana, Oppo 203, Holo Spring DAC, ERC-4 CDP Preamp/Processor: Emotiva XMC-1, XSP-1 Amps: Emotiva DR-1 x 2, DR-3 Speakers: Genesis 6.1's, Genesis Reference CC, Genesis Reference SR's, Genesis G928 subs x3 DIY audio rack and amp stands PS Audio P5 AC Power Regenerator, PS Audio Ultimate Outlets Epson 5050
I've heard both. Though it is in different setups. At its BEST, the DC-1 does better for a more natural sound. I think where it edges out the XMC-1 is in tone in the treble sections. The XMc-1 has more noticeable bass though. If you like a lot of punch the XMc-1 does quite nicely with it. Keep in mind, this is just my opinion. I've heard lots of people say the XMC-1 is plain better. The DC-1 specs better though.
Transport: Sony UBP-X700 UHD-Blu ray player spdif PC using Musiland Digital Times WASAPI via BNC connection - DAC: DC-1->XLR XPA-1 , RCA->Basx A-100 CD: Denon DCD 600 PCM 61 DAC. RCA Amp: XPA-1 gen 2 using XLR connections. Speakers: Axiom Audio m80 V3, Sennheisser HD700 headphones. two pairs 12 guage each bi-wire speaker cables per monoblock Headphone amp: Basx A-100 (INCREDIBLE VALUE!!)
I have listened to several dacs along side my xmc, I think the the xmc sounds just as good as anything I have heard so far. Do I think it is the best? Don't know but it is as good as anything out there I have heard.
2 way jamboree with 402 horns Bob Crites cs1 center Cornscalas for surrounds THTLP sub front wall, 2 wo32's back subs 3 crown xti 1002 Crown xt 1000
oppo 103 sr 222 turntable hr 99 8 track sct 90 cassette deck sony 300cd disc player akai 202d RTR benq w1070 projector 120" favi screen