That's all well and good, but neither of those articles address the topic sufficiently from a listener's perspective. You can throw around the technical jargon and what that might mean until you're blue in the face, but what really matters (to me, anyway) is which format sounds closest to the source. That is why I liked the comparison offered by
www.iar-80.com over anything else I've read thus far. Different arguments might work better for other folks, but this one just happened to strike a chord with me.
I listen to both DVD-A and SACD in "analog bypass" mode as well (straight through analog with only analog volume control between the source and amplification). For me, DVD-A is the winner (although I wouldn't say "clear winner"). Both formats are exceptional, but something about SACD has always bothered me a little bit, but I could never put my finger on it. The article I mention presents arguments in such a way that it jives with my own subjective notions about which format I prefer. We all seek justification at some level and this just happened to work for me.
The argument has been made elsewhere that folks have a preference to PCM versus DSD simply because they are so used to PCM (via standard CD's) that DSD sounds different enough that they feel something is wrong. Well, this is certainly not the case with myself. I listen almost solely to analog recordings and I have drawn the conclusion that DVD-A sounds closer to analog than SACD. If there is a coloration (and I'm certain there is a fair amount with either format) then I believe that SACD's coloration is of a more heavy-handed nature than DVD-A. The article to which I refer supports this notion in a big way. However, some folks may actually prefer the "more colored" version. The real question is, which is closer to the source?
As for the graph you refer to from PYRAMIX DSD/SACD Production, I don't think it "says it all" by any stretch of the imagination. All you see is a collection of very small waveforms offered by a company with a vested interest in DSD. There are so many questions to ask about such a presentation that I don't know where to begin.
Anyway, I see myself heading down the path towards a rant, and I really don't want to go there. Also, I'll be the first to admit that I'm virtually clueless about the technologies and all the psycho-acoustic variables at play. All I know is what MY ears tell me. Yours may tell you a different story, and that's fine. I'm not out trying to convert anyone, but simply share my own experience and bring to light an article which I found mighty compelling on a variety of levels.