Are DAC's overpriced?


External DAC's are pretty expensive imho... BUT I don't know that much on how to choose one. I want mostly cd's in my small two channel system... I am rebuilding after selling my Logans and Mac amp to go back to "drivers"! The Logans wore me out with Maintenance.  Should I buy a new cd player or get a new DAC for my old player?  
128x128captbeaver
@yyzsantabarbara

You sold your $5000 Benchmark gear because it sounded worse than a $12,000 integrated?

Mark Levinson is owned by Harman, who also believes in designing gear based science/specs/human trails. Revel is also owned by them.
@mzkmxcv I have learned that in audio more money is not always an indicator of the best performance. However, I sold the Benchmark because it did not sound as good on the new speakers I want to buy as compared with the ML If you go by spec alone the Benchmark should compare well. It did not have the ability to project the sound away from the speakers like the ML did. So in this case the more expensive gear was better to my ears.

I known a bit about Harman due to owning Revel Salon1 for a number of years.
Post removed