A few comments from a non-technical person:

1.  On the general issue of charging for a hardware modification/upgrade
to an existing product, I really have no problem with charging the very
modest $45 fee.  After all, they're not claiming that the original
product was not useable or defective and then charging folks so that it
works properly.  

2.  It appears to me that there is some agreement on the issue of noise
generated by this PHY thing as being real.  It seems that it does exist
and, depending on the degree of it, would have some detrimental effect.

3.  Skepticism is, indeed healthy and what Arny has pointed out, and
rightly so, is that without testing each individual dac, and each
individual cable in each setup, we don't know to what, if any, degree
the noise is being generated and, if so, how much degradation is
actually occurring.

4.  To use Arny's lead in the water example, it is not unreasonable in
this day and age for people to recognize that there is a problem but
that identifying the extent to which each individual household has the
problem would be time and cost-prohibitive for the vast majority.  So,
we stick a filter on our drinking water faucet or an in-line filter
under our sinks.  Which is, I believe, the equivalent of the REGEN. 
There is variability in the degree to which REGEN users have said the
device affects their systems which, under this analogy would make sense.


5.  I would also point out that, Arny, your inference that JS/Uptone is
claiming that ALL audio systems have SI problems is a bit of a reach. 
The inferred counter-argument that NO audio systems have SI problems is
just as much of a reach.  Granted, your next comment about any given
system needing to be tested to prove the existence of an SI issue is,
theoretically, valid,  but per my point #4 above probably not real-world
practical.

6.  Bottom line seems to be whether or not folks want to spend $175 for
to deal with an issue which is real, but the extent of which is
impossible for most of us to determine in each individual use case.  So,
from one's computer/server to the REGEN, spending $50 on a better
quality USB cable then the one being used that was lifted from that pile
of non-descript USB cables that many of us have sitting around, and then
connecting the REGEN directly to the dac using the hard adapter seems to
give reasonable assurance that this issue is dealt with.  How that
translates into something we can actually hear with normal ears....I'm
not opening that Pandora's box.  But there are several REGEN threads
that have all kinds of listening impressions posted.



Rg

System information
------------------------
Main: Vortexbox/Squeezelite > USB> Benchmark DAC2 D > LFD LE IV
Signature amp > Revel Performa F208 speakers.  

Home Theatre:  Touch (Wired) > Pioneer VSX 919 > Energy Take 5 Classic
5.1, Touch FW 7.8.0-r16754.

LMS 7.9.0 - 0.71.20150313git1426153261 on a 1TB Micro Vortexbox
Appliance, V 2.3.
------------------------------------------------------------------------
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