Which is the most important part of a stereo system?
My system consists of a pair of B&W 630's, an old Denon 50 watt reciever (DRA-550) from the mid 80's, a Marantz CD5004 cd player, and now a Pro-ject Debut Carbon DC Turntable. I'm pleased with the speakers and the cd player and while the Denon sounds good it has some issues and I want to upgrade.
I'm planning on returning the Pro-ject TT and getting a higher end TT. I'm also looking into getting a new amp pre amp with a internal DAC.
Is the source the most important? The speakers?