Avalon, I had the same quandry...and there is no contest....you will hear things, you never dreamed of hearing with the Arcam.
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Hearing is believing. Take your player to an Arcam dealer and do your own comparison. Listen to a short passages of music you are familiar with closely and repeatitively with your Cambridge, then quickly switch to the Arcam. Do this several times with different music. Good vocal tracks will be the most revealing (I like Diana Krall for this). You will then quite likely be a big believer. Although I am not familiar with the Cambridge, the Arcam is a great player for the money.