Including the asynchronous resampling circuit, oscillator, DC/DC converter, voltage regulators & filtering, output stage for the DAC, i have around $35 in components surrounding the $5 DAC chip. None of these things are being mentioned. "Same DAC chip" is really simplifying things too much. It is not an "all-in-one" type chip where you just apply power and go. If it were that simple, I could side-step to a different $5 chip and end the comparisons, which is exactly what iBasso did but for other reasons. I'm trying to figure out if it's a good thing that iBasso wants to draw this comparison instead of against other DAC/Amp units.