The first thing to understand about either of these is that they are dac-amps. When you are using digital inputs the signal stays digital all the way through except for the final output to the speakers. There are just a few amps that work this way but as digital inputs become the most common sources this is truly ideal because you are avoiding both dac adc conversions when using a digital amplifier - and you don't need a high end dac to get good sound. The downside is that the analog input must go through an analog dgital conversion and that is not a strong point of this amp. So as you read others' comments its critical to know what inputs they used. And, of course, bluetooth is not hifi either.I will say that using the digital inputs both of these are truly excellent. I have had many amps including an Aiyama A07, Sabaj A10, Hypex digital, several tube amps, and several class AB amps. In terms of top to bottom detail both the Hypex and D03/D05 are standouts. I did not find the Aiyama A07 as good in soundstage and 'rhythm'. Sabaj high end feels more digital.But don't forget that dac's can make a huge difference. I have some high end dac's including an RME and Marantz DAC1 so I know what a decent dac should do. The precision, imaging, and soundstage you get from D03/D05 are competitive.I highly doubt there's a significant power difference between them despite the specs since they both provided the same power supply (same as the A07 also). They had more power than I could use with the KEF Q100's I was driving. Sound of the two were very similar with the top end feeling a bit more lively with the D05. Both provide an exciting, detailed sound that felt 3d with the instruments suspended in space.I like the aesthetics and creature comforts of the D05 much more, however. Its a bit lower, longer, and narrower with a larger volume knob and more space for the speaker posts on the back. When you change settings the display changes so that you can see what's changed from a distance. There's a loudness contour that's useful at low volumes. And you can blank out the screen if you want. I haven't found any use for the eq settings. Note that a long press on the display button switches to hi gain which is about the same gain as the D03. The D05 is well worth a few extra bucks!Edit 4/18I've played some with the equalizer now and find it helpful. I particularly like the 'country' setting which add just a bit of warmth and reduction in treble. Its really a gentle room curve. Jazz and light rock setting are nicely understated. The heavy rock and rap are just too much bass though. Interestingly, the subwoofer out is unchanged by the equalizer but it is impacted by the tone controls. Unfortunately, if you turn the eq off and then back on it skips to the next eq setting. That's a pain since I really only use the country settingThere are two loudness settings.; 1 is more gentle but hits the upper bass more while 2 impacts low bass more with little effect on upper bass. Loudness, tone control, and eq settings are independent and can all be used at the same time.All these were tested with REW and a calibrated mic - not just my ears.