If redbook is your primary choice in cds. I would go with the Dac.You can then in the future go with another player or computer based system and still use the Dac.
thanks for the advice! I was already leaning towards a DAC rather than a new CDP (although the modded Music Hall player looks pretty nice).
Some of the DACs I've been looking at are the Bel Canto DAC2, the Benchmark, and the Audio Mirror. My amp is a bizzy bee modded Cayin TA-30 so if anyone has an opinion on a good match it would be cool.
Paul from bizzy bee/Tube Audio Designs told me he would be releasing a TAD brand DAC in a few months and although I'm VERY impressed with the Cayin I'm just not sure I can wait that long.