Moondrop Variations VS Moritz Dragon

Youtube Video Summary

Build & accessories: Variations shows its age. The resin shell fits well and the metal faceplate looks clean, but the body feels a bit chintzy and slightly see-through, with a chunky nozzle compared to newer slim designs. The pocketable case is nice, yet the stock cable is thin with barely visible L/R markers; modular termination is handy, but modern Q-Lock-style systems do it better.

Sound: tuning centers on energetic, engaging vocals with a tasteful sub-bass lift—not a bass-head set, more a polite, gradual boost. A dip around the lower mids can read as thinness, pushing some female vocals a touch distant, while the top end has air, detail, and an overall chill presentation. Technicalities are solid rather than class-leading at the price, but the EST implementation is clean and cohesive. Expect limited mid-bass weight, occasional shout for the sensitive, and ergonomics that won’t suit everyone.

Context & verdict: despite a wave of competitors (Oracle MK2, Hype 4, Softears Studio 4/Volume S, AFUL Performer 7, DUNU Brain Dance, even Moondrop’s own Dusk at a lower price), this tuning remains a benchmark reference around the mid-fi bracket. Variations delivers the archetype many listeners still chase: clean sub-bass, airy treble, and a deft, easygoing balance that makes it a “legendary” set in the catalog. Not flawless, but noteworthy—the kind of IEM worth borrowing at a meet and auditioning for 10–15 minutes to see if that lighter midrange flavor clicks.