I just saw a question in another Group that I found interesting. What is the percentage spending in our systems, i.e. speakers vs amps vs source vs cables and other ancillary elements.
Looking at my system my soon to arrive Reference DAC will be (based on RRP price) my most expensive component by far and thus will tip the percentage number heavily towards the source.
If I still include the Premier DAC as it is what I currently have on the rack, then it would be a very close percentage match between my three main components.
To note that my system now is completely dedicated to digital streaming. We all know that a pre-amp (and a very good at that) is built-in in all MSB DACs.