I settled on the modded Benchmark DAC1 (I know you're all going to kill me!) but I have a few reasons. First, it has a decent integrated amp, so I'm not going to buy an amp until I have a lot more money to get a really nice one.
Also the guy I bought it from said that before he upgraded to the modded dac1 he actually had the perpetual tech p3a/p1a/monolithic ps setup and found the dac1 to be a clear step up. He said that compared to the stock dac1, the modded one had a clearer and wider sound. He even said that he compared it with a bel canto dac3 and found it relatively close in sound.
Lastly, there are a lot people out there who have modded (or paid to have modified) their dac1's, and if I ever choose to, it will not be that difficult to find things to do to improve the sound.