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[Confused]

My experience exactly.
I found the character of the various DACs I tried into the analogue inputs on my Devialet came through unscathed. And that was the D-Premier 4 years ago.
I am firmly of the belief, based both on specs and listening, that a modern properly engineered ADC/DAC can be audibly completely transparent.
I believe that the Devialet is such an ADC/DAC.
Coloured DACs such as non-oversampled, ones with no reconstruction filter and most if not all with valve analogue stages have audible levels of colouration added and I believe the Devialet reproduces them so close to perfectly that these colourations are just as audible through the Devialet as through an ordinary amp.

In debate elsewhere on this forum, there was a degree of consensus that the Devialet DAC is perhaps very similar to recent offerings from Chord. I believe you have a Hugo Frank? Do you rate this also as modern properly engineered DAC? If so, it could very well provide some logic behind why some of us think the Chord and Devialet DAC offerings are so similar?