Since the transport is mechanical, and is subject to mechanical wear and the rated service life of the lazer, the chances are that a separate high quality DAC will have a much longer useful service life than any transport assembly. Thus, since a good DAC will work with any reasonable CD or DVD/CD combo player with a digital out jack, and since it really does not matter how little you spend on the transport (a $100 oriental name brand machine will work just fine), then the concept of a separate DAC makes sense.
The DAC is doing the D to A conversion, digital filters, analog filters, and (often overlooked) the audio output stage. In general these are compromised in "one box" solutions and certainly if you want a high current, wideband DAC with vacuum tube overload immunity along with the necessary power supply to make it work really well.
We consider the transport to be a "throwaway" item, the DAC itself to be the long term heart of a digital recovery system, that should last as long as CDs or conventional digital data streams are available.
Frank Van Alstine