I’ve just compared Neil Young Heart of Gold both at 192/24 one from my Synology NAS/Minimserver/transcoded from FLAC to WAV, with the Qobuz version. My internet is FFTP and then CAT7 cabled to the ND5 XS 2.
Difficult to choose between them.
So the question changes a bit - should I turn off the transcoding from my NAS and stream in FLAC now.
A response from somebody at Naim would be welcome as this topic doesn’t seem to have been aired before.