Received my Schiit Modi 3 yesterday....

Agree %100 about the Modi 3. Wonderful little DAC. 
Listening to it right now. I have a Peachtree Nova 150 and I am am using 
the Modi 3 instead of the internal DAC which is a Sabre 9018.
Call me crazy but I like the sound of this ultra cheap Dac better. 

Modi 3 is flat out awesome. I like it better than the Topping D10 at around the same price point.

Another happy Modi 3 owner here. I've tried numerous DACs in the past that were far more expensive but they didn't provide the sound I was looking for. The Modi 3, with it's AKM 4490 DAC chip and DC-coupled output, is an absolute bargain. There really does seem to be something special about AKM's "Velvet Sound" technology. 

Congrats on your new addition! One tweak maybe worth trying is using the spdif input on the Modi instead of optical if your CD player has that output. Spdif is generally preferred over optical (at least for shorter runs) as the added steps of converting to optical and back to analog are avoided. A cheap and riskless way to do this would be to order a 1.0m Wyde Eye digital cable from Amazon for $40 (an excellent cable for the $), and if it’s not a meaningful improvement just send it back. If you try this obviously the cable will require some break-in time, and definitely pay attention to the direction arrows as directionality matters (I inadvertently installed mine backwards once and it was awful). Anyway, in this insane audiophile world I thought bringing up a potentially beneficial $40 tweak at least worth considering. Congrats again on your newfound joy!

soix:  Thanks for the advice! I ordered a AudioQuest cable this morning... can't believe I didn't think about that. lol I had a optical cable sitting in plain sight :)