I am not talking about run of the mill computer and phone dacs. I am talking about if you go up to a Schiit Modi 2 for example, will you be able to tell a difference between that dac and say a $1000 DAC?
I am personally in the camp of no you won't be able to tell the difference. Higher end DACs definitely provide more utility but in terms of sound, I think diminishing returns start sooner for the DAC category.
I am curious to see what people's opinions are. I am listening on a Focal Elex - Liquid Carbon X - SMSL SU8 so maybe my set up doesn't have the resolving power needed? I do not know.