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Doug - What do you have against the letter "v"? Winyl sounds like a urinary situation.Without spinning this into another analog/digital discussion, I am amazed at the range of sonics possible through a simple transport/DAC setup. I have 5 DACs in my house right now and each has its own personality, easily recognizable in 1/2 a song.The good ones can be exceedingly good and the lesser ones are noticeably so. Thus, I disagree with the thought of "why try with digital". Generally, I think the DAC makes much more of a difference than the transport, though having a transport that can lock the DACs clock seems like a really good idea.I really like the Squeezebox but wish it had a slicker user interface.
musicman06,Just check the back of your CD player to confirm what output options you have first. (I have a 9 year old Sony ES that only has toslink out.) The widely held opinion is that coax connections sound significantly better than toslink.Unless you need to go really cheap, I'd look hard at either the Channel Island Audio VDC-2 for $600 (that you can upgrade by replacing power supply and cords down the road) or the Benchmark DAC-1 starting at $975. For another $300 you can get a USB version of the Benchmark DAC-1. Either Benchmark has a volume control, balanced input/output options, headphone output, and low output impedence for excellent synergy with any power amp. Both are made in the U.S. and provide excellent sound.A couple of years back I had a Sony 7700 DVD player which is still well regarded as a transport and an Ack dAck! v.2 DAC that I was happy with, but moved onto a modded SB3. The SB3 sounded as good fresh out of the box for the same price. But what do I know, I'm a speaker guy.