And let's just remember that MDAC1.5 is not a product any of us signed up for and there has not to my knowledge, (maybe it's on Facebook), ever been a list of the functions it will provide.
Let us also remember that MDAC2 was the initial project and it moved to FDAC (there was a poll of the investors to decide this) after John made it pretty clear MDAC2 was not something he wanted to do. Read it
here post 490:
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"LakeWest will become a sub-brand of miniDSP, so visiting the miniDSP website you will see the LakeWest logo on the RH corner, and our own area on the website.
miniDSP gain our expertise in Analogue / Digital while we gain miniDSP's sales, manufacturing, shipping, support etc. AND most importantly miniDSP's portfolio and experience in DSP. I see this as win win situation for both parties, a perfect Fusion of skills and IP.
I want to remain focused design "reference" products - not operate a company (could you imagine the results), the miniDSP team is motivated, keen, talented, well managed and above all I'm very happy to be in partnership with them.
The LakeWest "Fusion Dac" as we are tentatively calling it will be commercially available BUT at a much increased cost - it will be sold at industry standard margins - so PFM'er will be getting a bargain
PFM members did after all face the twist and turns of this project and shoulder the RISK! I'll also personally build and test each PFM unit and install the Vishay Bulk foils etc. which will not be available on the "commercial" unit.
Personally, I'll be very sad to see the end of the project as the MDAC2 and PFM has been my life for the past 4 years
- that said we will be releasing constant firmware / software updates for many years, but still the major part of the project will soon be completed
/
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and
here post 605.
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"The original aim of this project was to design a much improved MDAC - the best DAC I could design at a reasonable price. I'm NOT prepared to compromise 4 years of work just to squeeze the design into an unsuitable enclosure - it simply does not make sense. Why would anyone want a lessor unit - is the small footprint more important then sound quality and features?
If the vote goes for the MDAC chassis - then I'll build the "second rate unit" wash my hands of it and concentrate on the FWC version for the future - second best is not good enough for me!
The primary goal is for the best sound DAC for the money - NOT that its has to be squeezed into a small chassis - for me its simply about the sound quality."
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There have never been any other votes or agreements by the majority of the investors to change the path of the project.
Any other changes to the path have been made solely by John and have not been approved by the investors.
John needs to deliver what was agreed by the majority of the investors - A full width DAC with versions Lite, L2, L3 or L3 with MM/MC, as detailed on his web page at the start of the project, at somewhere near the ballpark costs he quoted at the start of the project.
If he either cannot, or is unwilling, to supply this he needs to ask the investors if they are willing to accept something different.
If investors don't want to accept the "something different" then they need to be fully refunded.
