I bought the MH 25.2 about one month ago. I immediately swapped the EH 6922 for a JJ, with a Herbie tube damper. My first impression was that it did indeed sound pretty good for the $595 price tag. It did improve with some break in time.
My cd player is a $3000 Musical Fidelity A308 which has had many expensive mods to it. It's an incredible sounding machine, to say the least. I tried comparing the MH 25.2 directly to it by using a Nordost MoonGlo spdif cable. I a/b'd the A308's built in DAC with the MH, and my A308 sounded better to me, with more air, soundstage and better high frequency detail. What the hell, I expected it to sound better considering the price difference. But I was impressed at how good the MH sounded. I should point out that tube rolling has a huge impact on most audio equipment. A different tube could have narrowed the gap.
I really bought the MH 25.2 for use with a pc music server. After ripping a favorite cd to AIFF using iTunes on a Windows XP pc, I connected the MH to my Musical Fidelity A308 preamp using Nordost Red Dawn ic's, and an ordinary usb cable to the pc. The usb cable had a ferrite core on one end. When I ran iTunes and the ripped tracks, the sound was not what I had expected. The high frequencies were somehow screwed up and it didn't sound at all like it did when I had used the cd player as the source for it. I tried a different usb cable which didn't have the ferrite core and seemed to have better shielding, and I noticed a big improvement in the sound overall. A friend of mine dropped by with a dbAudioLabs usb cable to try out, and it was an immediate big improvement. The MH dac sounded much cleaner, with a purer sound overall and much less noise. The usb cable was at least as big an improvement as the tube swap, if not more so.