OK, the biggest changes to sound come from the headphone (or speakers). The magnitude of changes goes headphone > amp > dac, with rare exception. For headphone I would recommend you look into a used HiFiMan Edition X V2 (HexV2 for short). They have a huge, spacious sound, excellent detail, good timbre, and some really good bass extension and slam to go with it all. They can typically be found for $600-800 depending on condition. Recently there was a HexV2 for sale on Reddit for $600 I think with a little bit of cosmetic scuffing. There are rumblings - though nothing confirmed yet - that a couple of HFGF members have sets they might be selling soon. Point is, these HexV2s are out there if you’re willing to look for them.
Amp/dac I need to explain a little bit more. Moving from Zen + SP200 to Monolith 788 is not an upgrade, it’s a lateral move at best. The amplifier section of the 788 uses an older generation of THX amp tech and provides less power than the SP200 to boot. The DAC section will sound more clean and analytical than the Zen but isn’t going to give you any better performance from an objective standpoint. It’s also in the price you pay, the list prices of the SP200 + Zen is ~420. Monolith 788 is ~500. In audio that’s a difference that very rarely translates into technical performance differences you can hear - they can sound different but it’s unlikely the $500 is better.
With that explanation, my recommendation is you keep your Zen for the time being and invest in a Monolith Liquid Platinum amp. Connect those two via a 4.4mm to XLR cable. Buy the HexV2 and get a balanced cable for it (the Liquid Platinum sounds leagues better via its balanced headphone out than single ended). The Zen + Liquid Plat + Hex V2 can be a stunning combo. Trust me, I know first hand:
I also used to own an SP200. I don’t miss it. The THX amps are measurement beasts, no doubt, but they struggle in an area that we don’t have a good way to measure: soundstage and imaging. We can measure watts and distortions and such, but we can’t measure an amp’s spatial performance yet. No one has figured out how to reliably do so. Since soundstage is high on your list, I encourage you to look at other options. The Liquid Plat is very good at spatial re-creation and pairs very well with the HexV2.
Alright, Liquid Plat runs ~$516 brand new direct from Monoprice right now. Amazon is listing “used - very good” units for $444. And don’t forget if you go this route you’ll need a balanced cable to connect Zen and LP and a balanced headphone cable for the HexV2. You lose the all-in-one-box option with my suggestion, but IMO it’s worth it. “Worth it” is of course up to you. Lastly, the Liquid Plat will need time to burn-in its tubes. Let it run for 48ish straight (it’s safe to leave it on for this amount of time at first) to get the tubes burned in before you develop any impressions.
Alright, that’s long, sorry. Whether you choose to go 788 or Liquid Plat or whatever, I’m excited for you. New audio purchases are always fun. Please let us know what you decide and how it sounds!
Cheers 