The price on this absolutely blows me away. It would be far more cost effective to buy a cheap android, download spotify/tidal/etc. via wifi, and sync all playlists offline.

Yes, but audiophiles who don’t know what an ABX is wouldn’t be able to pretend they can hear the difference in the sound of the DAC.

I remember seeing someone link a $40 player recently-ish in a HN thread (I don't feel like searching but I think the context was hiking if you want to try and find it). Agreed that price is outrageous but they're not all like that.