I've looking for similar products in order to be able to centralize my sources.
My ideal setup goes like this: Turntable + CD Player + Streamer. Turntable goes to external phono preamp, streamer goes to external DAC through optical. Also TV goes to external DAC though HDMI or optical 2. And then, everything goes through one RCA output to speaker amplifier, and another RCA output to headphone amplifier.
I consider FiiO K7, SMSL RAW MDA1, SMSL DL100, Fosi P4... everyone has one defect or another. For example, the SMSL DACs are almost perfect, but they don't have RCA input to passtrough the internal DAC and use them as a preamp. FiiO K7 has RCA and digital, but doesn't have HDMI nor a second optical, so I would need to buy a TOSLINK selector. Fosi P4 is perfect as a source selector, but it does have just one RCA output, and none headphone amplifier. I know Topping has some headphone amplifier models with RCA passthrough, but I would prefer to have those audio chains separated. Fosi ZP3 looks ALMOST perfect to centralize sources while using another DAC, but it has just one RCA output! How do I add the headphone amplifier if my speaker amplifier doesn't have XLR? RCA is still the most common used connection, besides XLR popularity.
Fosi Q8 looks almost perfect, but I think it would be benefited if you consider some things already mentioned in this thread:
1. You should add another RCA output. 2 speaker amps, 1 speaker amp and 1 headphone amp... it's not expensive or complex. Having the option to listen through headphones for all your sources it's not just amazing, but essential. Having kids or living on apartment, sometimes at night you can't make too much noise. Headphones are a necessity.
2. Don't add a phono preamp input. Really, don't do it. There's two type of people who use a turntable: new ones and old ones. New ones has a turntable with built in phono, and if they don't, they already have an external phono that's probably better. Old ones definitely have an external phono. You already have Fosi X5!
3. Keep bluetooth, LDAC and aptX adaptive compatible. It won't be useful to me, but it's a standard today for this type of products. You would be surprised if you know how many audiophiles still uses bluetooth because it's convenience. If you promote that your bluetooth connection pass through the AK4993 DAC, you will have another consideration to buy Q8.
4. You should add another optical input. For example, if you want to use TV + gaming console, TV goes through optical and gaming console (Xbox Series X, for example) goes through HDMI. You want to avoid using TV as an intermediary through console and DAC, because of delay. So, considering that, where do you connect your streamer, then? Second optical! Same applies for a blu-ray player or even CD Player that for some reason doesn't have coaxial out.
5. Consider an integrated headphone amp. For me, it would make your product totally perfect. But you shouldn't make choices for one or two potential buyers. If you do, amazing, but a second RCA out would be enough.
I'll stay tuned for updates. I'm excited!