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Oppo has a new unit coming shortly - a BD player with their typical high quality DVD performance and all the key audio formats.
I have no first hand experience of it - meaning what I am about to say may well be urban myth - but apparently many BD players don't handle DVDs well at all... not sure about the BD/CD combo
I got a dedicated Oppo for DVD and a dedicated Panasonic for BD - total was under $500
Or you might want to hold on to your CD player until you get a chance to evaluate your new player