When Hegel announces a new flagship DAC, the audio world tends to take notice. Hegel has recently released the true successor to their previously acclaimed HD30 DAC. This Hegel Reference Converter promises to elevate Hegel’s reputation for pristine digital reproduction to new heights at $4,900. This is placed within the high end realm of HiFi, and is positioned for those looking for supreme accuracy, realism, as well as musicality. Let’s break this one down.