Partly based on your recommendation and zillion of other praises across the internet for Bricasti, I bought the Bricasti M12 to serve as a DAC and preamp.Hi Bhaskar,
The M1se has a very detailed sound without sounding cold or clinical. It can resolve the minutest details in the music, which tend to get muddled over by other DAC's. Additionally it is very neutral and most importantly very musical. Personally I didn't find any weakness in the sound, for me it is the best DAC I have heard at the $10,000 price point. Other DAC's I heard before getting this was the Chord DAVE (having owned the HUGO TT this was a logical step up), the Schiit Yggdrasil, the DCS Debussy, Berkeley Audio Design Alpha DAC Reference & the playback designs Merlot. I think the DAVE is also an excellent DAC, and I would have got that if I didn't get this.
I never owned a DAC at this price point before this but some of the DAC's I had prior to this (at various price points) are the Ayon Skylla II, Chord Hugo TT and the Cary Audio 200ts. Hope this helps.
It should arrive soon, I am super-excited.