Jerry,
About attaining the same sound with less money... I hear you!! I have been on that track for the last couple of months. I am also after simplicity.
I sold my Cary 303 cd player ($3k list), which I was using just as a transport for cd's. My Toshiba dvd player (which I paid under $300 for over 4 years ago) is now my transport. It surely did not sound as good as my Cary! BUT the addition of a Bolder Cable Nitro power cord for the Toshiba (and also for my Joule tube pre amp), as well as a sheet of ERS, have narrowed the gap so much that I still find my system very enjoyable! I still have money in my pocket from selling the Cary.
My next step is likely to replace the Tosh dvd player with an EVS-modded Philips 963sa sacd/dvd player. While this will surely be more expensive than my Toshiba (which I will move to my bedroom - no dvd player there right now), it may allow me to simplify my system AND raise money by selling my 2 DACs, bybee'd digital cable, bybee'd DAC power supply AND let me listen to the SACD layer of the hybrid SACDs that I have bought (but never been able to play). If the modded 963sa doesn't sound better than the DACs it will certainly be a better transport than the Toshiba, and I will likely be able to sell 1 of the 2 dacs (whichever sounds like the 963sa).
Enjoy the journey!