I was able to put this system together despite a tight budget. I got some of the equipment second hand from my dad and uncle. (also audiophilers)

The PS audio amp, Audio Research Dac as well as the cables, were given to me. I use a computer for 90% of playback. When money allows it, I want to upgrade my speakers. But I won't be doing anything major for a long time and am content with my system now.

I also listen to headphones sometimes. I mostly listen to Radioshack brand headphones that are re-branded koss 'phones.

****Update****

I have made my first big purchase and bought Monitor Audio RX6. They really reveal a whole new level of performance. Extended, detailed and space.

****Update****

My Little Dot MkII which I was using as a preamp simply didn't cut it once I upgraded my speakers. The Little Dot is designed as a headphone amplifier and does a respectable job doubling as a preamp. However, I stumbled into a Threshold SL-10 preamp and have had all the caps upgraded. The Threshold is built like a tank and is very heavy. The external power supply oversized and is a great candidate to upgrade the caps.

****Update****

After updating the Threshold and installing better / bigger caps, I decided to do the same for the PS Audio amp. Both have opened up the system to be more revealing.

Comments are welcome and appreciated!