The workmanship is far above the Cambridge, which I had first and returned.
I'd buy a cheap but reliable CD or DVD player with a digital out and then buy this...
since you'll probably want a jitter-reduction device anyway. Best of luck.
Just use your Arcam player and add a Synchro-Mesh reclocker and a cheap Markertec BNC coax cable. It will beat anything you can buy for 10X that. $699 for the Synchro-Mesh. 7psec of jitter:
I have a Musical Fidelity M1 CDT transport and an April Music Stello CD100. They're both very good.
I'm selling both as I've replaced them with a Jay's Audio transport.
When I was looking for a transport last year, I considered the Cambridge, but ultimately decided to go with the April Music. It seemed to be better built, was favorably reviewed, and is a top loader.
My customers tell me that my S/PDIF coax BNC-BNC cables, the Standard for $275 and the Reference for $499 are both giant-killers. They send me many cables to try for comparison and none of them stack-up. Both cables come with RCA adapters. 30-day money-back, less shipping. Here are some jitter plots comparing cables:
As you can see, the plots look identical with the device connected directly or with the 4-foot Standard BNC cable in-line.