Hard Drive based system


I've read all of the threads I could find on a "server" type system. I plan on running a hard drive, to a Waveterminal, to a DAC. My question is, can a system like this sound as good, or better than, my cd player? Is it all up to the DAC?

I currently have a Marantz 8260 CD/SACD player.
ecruz
Ecruz,
Have you tried the Sony with SACD yet? If so, what are your thoughts with this machine with this format? Bob
Baranyi-
I have not listened to sacd's on it. Redbook sounds so good I have no interest in looking at the other formats.
I have sent my Sony DVP NS900V unit to TRL for modification. I am very much looking forward to getting the unit. I am keeping my Marantz SA-1 for comparison. If the TRL Sony sounds as good as did when I auditioned it last month, then I will be a very happy person! I will report my findings. Bob