I've been listening to the Chord QuteHD and Off Ramp 4 for the past 3 days and wanted to share my impressions about it. The QuteHD retails for $1795. It is kinda small and doesn't have many features (no volume, no switching). It switches by itself based on a hiearchy. The USB has 1st priority, then spidf, then optical. I'd much prefer a switch. It goes up to 24/196 and does DSD files too. I don't have any DSD files yet, so I can't comment about that. Here's a review I found on it, here.
The OR4 I bought used. It is fully loaded with all the extra options (dual Turbo Clock option, the USB Hynes Regulator option, and the upgraded RCA SPDIF output). Before the purchase I asked Steve Nugent which would sound better, a fully loaded OR4 or a stock OR5 and he said it was close. So with that I pulled the trigger on the OR4.
The Chord by itself sounds just awesome. It sounds very full bodied, organic, with a nice big sound stage and very three dimensional. With the OR4, everything just increases. Voices and instruments sound more clear and distinct with more natural decay to them. The sound stage went from big to HUGE! There is a nice warmth I'm hearing too. Now it sounds like a great vinyl rig. I've never heard computer audio sound this good before. Very natural sounding. With my Empirical Overdrive SE dac, the music sounded great, but it still sounded like a digital rig. This new combo makes me forget I'm listening to digital. The imaging provides a very realistic texture.
My only compliant is that on some recordings with female vocals, there is a slight brightness on the top end. This seems to be lessening as it breaks in, but I'm thinking that's part of it's character. It has extended highs and lows.
The stock power supply on the Chord is really cheap. It's basically a wall wart. I ordered a profession linear power supply from MCRU, here. Other users indicated that this is a significant improvement and helps with the hot treble. We'll see.
Of course I tried the OR4 paired with the Overdrive SE and Wow! It took it to a new level of clarity, depth and improved the sound stage. With both dacs paired with the OR4, they are like neck in neck with each other. They both excel in different ways. This is a huge compliment to Chord to be able to produce a dac at a third of the cost of the Overdrive. Once the new external power cord arrives for the QuteHD, my guess (and hope) is that it will pull ahead. I'll report my findings about that here.