To begin with, let me get the sound out of the way up front. This ZD3 sounds wonderful! In my system, the addition of the ZD3 (and I have 8 other DAC's by the way) introduced a much more "airy" sound quality to the music. It's as if one more sonic veil had been lifted, allowing me to hear right through to the music. As for the bass response with the stock op-amps, I noticed a bit less heft with regard to the lower bass and dynamic capabilities. It's nice to see that in this case, Fosi steered away from using the typical NE5532 stock op amps used in 95% of ChiFi audio components, and used the LME49720 version. I've had good experiences with that particular IC-based op amp. However, based on other experiences, I've come to prefer the discrete versions from either Burson or Sparkos Labs. In this case, I inserted the Sparkos Labs SS3602's and I found the bass to be tighter and deeper.
I believe the ZD3 is in a class of its own. I've read a few articles now (and some videos) where the reviewers stated that hearing differences between DAC's is ridiculous - that they basically all sound very similar. I'm sorry, but that couldn't be further from the truth. The very first thing I noticed with the ZD3, was it's increased openness (meaning much more "air" around and between the instrumentation), its superb midrange and treble capabilities (smooth and textured), and a greatly expanded sound-stage. The problem with some reviewers is that they rely purely on measurements alone - that is, the "tangible" areas that can be measured. However, for audiophiles, there is so much more involved with good music reproduction. There are the "intangible" areas, meaning those variables that cannot be measured (i.e. how do you measure "immersive"), yet make a huge difference in how we perceive our involvement with sound reproduction.
Now I must add that in my opinion - on my system - the stock op-amps, although perfectly fine - provide a bit less bass extension and tightness in that area when compared to some discrete versions like the Burson V7 and Sparkos Labs SS3602 varieties.
So yes, this is a wonderful DAC unit, along with a very nice preamp section.
SUGGESTION TO FOSI: As an aside, just recently, Douk Audio released their diminutive A5 amplifier that features a revolutionary, simple lift-up glass top case/lid that makes changing op amps very convenient. I was wondering why other manufacturers haven't followed with similar designs? Changing op-amps in that Douk A5 took only seconds - and what a convenience that was. Why do manufacturers advertise having op-amp swap-out capabilities when the user has to jump through hoops unscrewing cases, pulling off knobs - and in the case of the ZD3, having to also disconnect wires also? Fosi - why don't you make access to the op-amps a simple solution?
Although the ZD3 costs a bit more than most budget oriented DAC/Head-amp units, it's well worth the cost for such a quality-made, and excellent performing unit.