Marbles,
Part of the problem with the latest and greatest CD players is the problem of the parameters they're trying to improve - S/N ratio, noise floor, and x oversampling. While having a 120dB S/N ratio looks phoenomenal on paper, as does 24 bits, the problem when listening is that the 'black' of the background shouldn't be so black. There's too much empty space between each digital sample - so every 1/44,000 of a second transition is not smooth. This results in emphasizing each sample, versus a focus on the continuity of the music. Music can't ever be looked at the way these engineers are looking - it makes me wonder if they go home with their player and actually sit down and listen to music.
Music has no meaning if it's only an instant - the mood, the pathos from the music comes from the entirety of listening over some sort of time period. Perfect timing is the crux of improving playback of music from a digital source - there's no time smear in analog tapes or vinyl. There's no resampling, or 32 bit 9000MHz processing. Just music.
I've a paper I've been working on for the past year on the very above topic, and I can't wait until it's finally ready to be published this June. There's a CD player I've been revising and tweaking based on the comparison and evaluation of music, timing, and vinyl. After the last revision a couple months ago, I had absolutely no qualms about selling my Wadia 861. Wait - I do miss the metal remote.
I'd rant and rave some more, but I made the mistake of putting Miles in the CD player before I logged on. Time to go enjoy.
Rup