McIntosh MVP891, MVP881, or MCD500, MCD301?

I'm trying to achieve better quality CD playback with my home theater. My current setup is B&W 804S and HTM3S speakers, Outlaw Audio 990 Pre-Amp Processor and 7500 Amp, Adcom 5 Disc CD Player, Pioneer Elite DV-37 DVD Player, MIT speaker cables and interconnects (combination of Oracle 3.2, Matrix, and Shotgun).

My last major system update was 5 years ago when I got the B&W 804S/HTM3S speakers. I'd like to replace my old (but reliable) Adcom CD changer. I did have it connected to a California Audio Labs Sigma II Tube DAC, but when I got the Outlaw 990 processor about 6 years ago, I sold the Sigma II, and the 990 is acting as the DAC for all digital source.

What I'd like to accomplish is better playback of my CD collection. I've heard good thing about McIntosh, and the dealer's B&W 804S was connected to a McIntosh CD player when I was testing speakers 5 years ago. I'm just not sure if I should look for a (used) MCD500 or MCD301 (as the MCD1100 is out of my price), or go with universal player like the MVP891 or MVP881.

Since the only discs I have currently are CDs and DVDs, I technically don't need a player for SACD or BR, but if I got a MVP player, then I could start buying those discs for playback.

What I'd like to know is if for 2ch playback, is it still best to go with a dedicated CD player (MCD500/301), or is the universal player (MVP891/881) just as good?

Thanks for any help.
I use an MCD500 in one of my systems and I chose it over the Mcintosh universal players because I felt it was overall a significantly more musical choice for 2-channel playback.
Thanks for the info.
So even though the MVP891 has the newest 32bit DACs and supports multi channel audio discs, you think the MCD500 sounds better on standard 2ch CDs?
The best MV unit I heard is the MV881. Sorry I did not clarify that in my previous post. The new 32-bit DAC in the MVP891 likely narrows or even eliminates the performance gap for 2-channel playback in comparison the the MCD500.
I'd still like to listen to them in-person first, but the price of a brand new MCD500 or MVP891/881 is more than I can do, so would have to look-out for a pre-owned unit.
A used MVP871 will get you close to a MCD500 or MVP891. You can get those for $1700 used.
Not sure if I'd go with the MVP871 since it loses the better 32-bit DACs, 7.1 pre-outs, and Blu-Ray playback.
He is looking for CD playback only. A MVP871 is a fantastic SACD/CD player that happens to play DVD also.
For $1700 used it seems to be in his price range.
He is me, as I'm the thread starter.
I wasn't looking for ONLY CD Playback. I as asking if the CD playback from a MCD500 is equal to the MVP891/881. If MVP has good enough CD 2ch audio, then I was thinking of replacing my Adcom CD player and Pioneer DV-37 DVD player with one of the MVP players, since it supports all formats in one unit. But if the CD 2ch audio isn't as good on the MVP891/881, then I'd still have to look for a used MCD500.
Ooops - sorry. OK< I had a MVP-871 prior to my MCD500. I got the 871 for audio playback only. I had heard from previous users that is was a very good redbook player and the SACD was exceptional for a multi-format player. I ended up trading in towards a MCD500, and it is very close to the quality of the 500. I would assume the 881& 891 would be close also.
i, like you fauguy- am at a point that i want to upgrade my sources--i run all mcintosh amplification-mc501-mc402-mc252 and a mc7270 from a mcintosh mx135 preamp. however my sources are a denon 3910 dvd player and an ads cd1 cd player---i am asking the same exact question!!!!!!! 2 channel audio of the mvp891 vs. the mcd500--if the audio comes close- the economics of the mvp891 is crystal clear.the reason i am coping you on this is i have seen and heard the mvp 881 and it has been my experience that the load time of the 881 is very sluggish--i myself almost went into an 881 until i seriously scrutinized the 881 at the mac dealer i frequent. its load time alone made me hold off-i understand the load time for the 891 is much better along with better specs.
This posted is 4 years but let me just add on to this conversation for those whom looking for compare sound quality between MCD500 and MVP-891. I owned both and used it at work every days and at home for pleasure. I would said this 2 channel audio playback is identical both regular and SACD, the only drawback with MVP-891 is when play
SACD -CD I have to press-select layer 2 channel stereo, with MCD500
I didn't have to too, it's auto switch between CD and SACD. 
How is the MVP871 as a transport?  I have a Brooklyn DAC that I really like and want to A/B the internal versus my Brooklyn and a few others.