Good news!
I got the DMIC-20 this week and did some modifications to it. Some to improve performance, some are meant to make it more usable in the field, at least from my perspective.
- Replaced the phantom power supply switch (back panel) with a lower profile switch
- Added low profile, power switch (front panel) above power LED
- Removed the BNC connector (front panel) and replaced with gold RCA jack
- Removed the AES Ref BNC connector (back panel) and replaced with gold RCA jack
- Removed the AES XLR output (back panel) and replaced with Toslink (optical) output
*- Added (2) 5k ohm log taper pots for variable gain between 5 db steps (front panel)
- Replaced the (2) SSM2017 original instrumentation op-amps with (2) INA217
* this made it possible to make a recording from the DMIC-20 into an iHP-140 optical inputMy V3 already has the optical output modification.
Today, I got to test it.

This is what I did...
- While I was doing the modifications to the DMIC-20, I tested it along the way, to ensure that it was functioning properly. So I tested the box after I was done and was happy to find it worked properly.
- I ran a 75 ohm coax cable (RCA to RCA) from the V3 SDPIF output to the DMIC-20 AES Ref input (Thus "syncing" the V3 sample rate reference to the DMIC-20)
- I set the V3 to 44.1 kHz, 16 bit
- I connected a CD player analog output into the DMIC-20 XLR inputs (with attenuator cable)
- I recorded, with 2 microphones ~ one foot away from my monitor speakers, the same audio into the V3, XLR inputs
- I played several compact discs and recorded for ~4 hours (the iRiver's automatically split the files at 2 GB) into an iHP-120 (V3) and iHP-140 (DMIC-20) using the optical inputs
- I then imported both stereo files into CuBase. I aligned the beginnings of the audio files visually (and sonically)
- I then looked at the end of the files and they still lined up perfectly (in phase too!)
There must be a phase reversal in either my playback system or one of the pre-amps? I listened to the beginning and end of the files, muting and unmuting each stereo recording listening for delay or any other anomolies. I heard none.

I can conclude, from my test, that running the SPDIF output into the AES Ref input on the DMIC-20 does make it possible to make two recordings (through the analog inputs on both pre-amps) at the exact same sample rate, thru the two pre-amps to two separate recorders. The files matched up visually and sonicaly after 4 hours record time.
This is very good news, for me. Now, I have a four channel recording system, on the cheap.

BTW, I really want to thank Richard (poorlyconditioned) for his generous sharing of information on doing the optical modification to the DMIC-20. With his help I was able to do that mod in less than an hour with less than $3 in parts!