Ayon does not have digital ins and digital outs so you can hook it up to your computer to play ripped CD files at CD quality.
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Don´t know the mcd-500 but my two cents FWIW.
I have been playing the CD-2 through a MA-6600 .
It is far better on direct connection using the digital volume of the c-2 than using the 6600 preamp section .
Using the Ayon cd-1 is just the opossite , that is using the 6600 preamp .
Both Ayons sounds best with the digital volume between -10 to -5 , never use the full output. IMHO.
I used the CD5 for some computer audio stuff, via the USB port the last few days. Excellent. And those computer downloaded MP3 files kinda suck, to say the least. But they replay very nicely using the CD5 as the preamp hooked up to the computer. Can't really tell the difference between stuff on the cpu and CD.