It's up there certainly. Another good candidate would be the iBasso D1 or D2, but they run around $200 last I checked (and that might be a used price as well).
The only issue with the E-MU is that you may have trouble finding it on sale, apparently retailers have stopped gouging the price of it. Then again, you're still in the process of considering DAC's, so you have time .
Sound about right?