egradyh,
K-01XD with PCM filter = M1 (the default) and 8X upsampling, and DSD F1 filter, I'll comment on several recordings:
1. Szell/Cleveland - Beethoven Symphony No. 3 and three overtures - 50s and 60s recordings remastered to SACD by Sony in 2000 - a very slight tinge of brightness, but this recording, especially the first movement, suffers from the extreme dryness of the Severance Hall acoustic.
2. Szell/Cleveland - Wagner Ring, Meistersinger, Tristan & Isolde, recorded 60s, digitally remastered to Sony CD 1992. Szell gets Wagner. Most would be pleased with this recording on the K-01XD.
3. Same performances as #2 above but digitally remastered to SACD by Sony in 1999. Don't bother. IMO they totally screwed up this remaster.
4. Fleisher/Szell/Cleveland - Beethoven Piano Concerto 4, Mozart Piano Concerto 25, recorded 1959, remixed for CD 1982 - outstanding performances and excellent CBS CD. IMO not bright.
5. Walther/Columbia Symphony Orch. - Beethoven Symphonies 4 & 6, recorded late 50s, Sony digital remastered CD 1995. This disc has the full Columbia sound, reminds me of their vinyl from that era. Symphony No. 6 is particularly good. Not bright on my rig. This old CD given to me by a friend. First time I listened to it last night. Will be investigating Bruno Walter further thanks to your post.