Had scoured the forums for advice on this topic myself and decided to take the plunge (good review in HiFi Choice; previous experience of MF products) and was not disappointed.
For £200 it represents fantastic value IMO provided you're using it to upgrade a system (otherwise an alternative solution may be more cost effective). It offers fantastic detail without adding any colouration and also has plenty of inputs.
I would say I prefer it over my Arcam rPac (perhaps due to versatility of inputs [and bias for the extra £50?]). I've also got the Audiolab MDAC which I would say trumps it mainly due to the preamp/head amp this has. In terms of sound quality there's not much in it, slight nod to MDAC but it is 3x the price
Hope that helps - it's my first post after some time browsing