Review sample supplied by Live Fidelity
Retail prices in the Netherlands, including 21% VAT:
DAC III – €8.900 (as reviewed)
DAC III USB – €11.900
DAC III Balanced – €13.500
DAC III Balanced Special – €15.600 (as reviewed)
DAC III Balanced Classic – €33.000
DAC III Balanced Signature – €47.000
SW1X Audio Design, pronounced as One X Audio Design, crafts distinctive audio products developed by Dr. Slawa Roschkow and assembled in Essex, England. My first experience with this brand dates back to 2017 when I reviewed the LPU 1, DAC 1, and DAC 2. One year later, George Sallit wrote a guest review of the DAC II Special (now just DAC II). Early 2023, I published a Quick Impression of the DAC III Special, intending to write a full review later. Due to circumstances, this did not materialize until now.
One of the areas in which Dr. Slawa specializes is the painstaking selection of exotic components and applying them such that they achieve precisely the envisioned sonic balance. I experienced some of this firsthand when he sent me a collection of special transistors to try in the DAC 1, among which were very rare Germanium transistors. And sure enough, there were marked differences among the components. This experiment taught me that the decision for a single component can significantly change the character of an audio component. It also illustrated the inherent two-edged sword. On the one hand, it may create seemingly endless and unpredictable variations for the uninitiated, but on the other hand, it allows a careful designer to build precisely as desired.
Having heard a range of SW1X components, I found that one of the brand’s core values is to present the music in an upbeat and expressive manner. This is evident in all models including the Level I products. As we climb the performance Level ladder (as distinguished by the designators II through X), the circuits become increasingly more sophisticated which, in turn, leads to the sound becoming more fluid, refined, lush, and organic.
The DAC III is available in three base versions, which can be further distinguished into special versions. This lineup can precisely cater to specific needs but can be challenging to comprehend. Below is a breakdown of the currently available versions.
- DAC III
- DAC III USB
- DAC III Balanced
- Special version
- Classic version
- Signature version
For this review, I will listen to two Level III DACs: the standard DAC III and the DAC III Balanced SP (Special version).
DAC III on top; DAC III Balanced SP on the bottom
The basic working principles are similar across the DAC III iterations. All SW1X DACs are built using non-oversampling and zero digital domain filtering, all DAC III versions contain digital conversion built around the famous TDA1541 R2R DAC chip, and all are pure tube designs. However, the power supply and output stage implementations are very different. The balanced version contains many more components and, as a result, is quite a bit larger. However, the main differences are in the components used. For instance, copper/oil foils instead of tin foils, higher grade transformers, silver instead of copper, and Nichicon, Elna, or Black Gate instead of standard capacitors. On top of this, there is a vast variation in the tubes used for each version.
DAC III
Tube Selection
The most notable differences between these two DAC III models are in the tube selection and associated circuitry: 1x 5Y3, 1x 6N6P, 1x E180F, and 1x EAA91 for the DAC III, versus 1x 6N6P, 2x EL84, 1x 5U4GB, 1x EC86, and 1x EBB91 for the DAC III Balanced Special. Both versions contain directly heated, choke-filtered Valve rectification but with different tubes. In addition, the Balanced version contains signal output transformers (OTPs), providing true balanced and single-ended outputs.
DAC III Balanced SP
It’s worth noting that the DAC III applies active I/V (current to voltage) conversion, whereas the DAC III Balanced applies passive I/V conversion. As an interesting side note, I found during earlier SW1X reviews that the manner in which IV conversion is done has a clearly audible impact on the sound. In a nutshell, active conversion sounded tighter and more articulate and passive sounding more fluid and relaxed.
The image above shows that the Balanced version (standard version, not the DAC III Special) contains more components and is equipped with signal output transformers (OTPs) that provide true balanced and single-ended outputs.
The SW1X website provides a complete overview of all technical properties per model, as well as a chart detailing the precise differences between the Quality Levels.
Next: Review Context and initial Listening