Best sounding CD player for under $500?


No, I'm not joking! :-) I'm about to have to lay out a fair amount of money to have my SOTA Sapphire turntable refurbished by SOTA, and I also need to plunk down some money for a new pair of loudspeakers to replace the Vandersteen's that are now much too big for my new, downsized listening room, which also has the double for a guest bedroom.

So I am looking for a CD player, even a mass-market one, that sounds as good as possible for the price. I am setting an absolute, upper limit for this of $500, maximum, and if it comes in at well under $500, so much the better. Since I have, or will have, a very nice analog front end with "miles" of vinyl to listen to once the system comes together, I don't see the CD player choice as being life-and-death at this point. It's just that I have a growing collection of CDs to play, of necessity. So, I don't care what the brand name is... for that matter, it can be a mass-market player that I can pick up at a big-box electronics store. So here's a different kind of challenge for you experts: what's the best sounding, currently available "cheapie" CD player you've heard? :-)
rebbi
Sony SCD-CE595 SACD CD Changer. You won't believe the great sonics for < $125.00.
Take a look at the Music Hall CD25.2. Very nice sounding CDP for around 440$ new. Seem them and the earlier version used for around 200-300 here.
Tiger, Robbyg and Grinnell,

Thanks so much for the replies. For about 12 hours there I thought nobody was going to reply... I was getting nervous about getting banned from Audiogon or something! ;-)
The Oppo is a great bargain for a multipurpose player, but does not compete head to head with newer dedicated entry level HiFi red book players. You are paying for video and multichannel audio DACs and design compromises that dedicated players don't have to make. I think there are other better choices unless you need to be able to play DVDs too.

For example,

New:

Music Hall CD25.2
as stated above, very nice sounding - resolution plus neutrality

Cambridge Azur 540C v2 (do not recommend v1 if buying used)
resolution champ if that is your bag - forward

NAD C542
laid back and musical, but a little rougher around the edges than the other two

Used:

Cambridge Azur 640c v2 (v1 very similar to 540C v2)
lots of resolution but smoother and more musical presentation than the 540 v2 - 2 DACs

NAD C542 (or older NAD C54X)
C542 on sale on ebay, C522 for sale on Agon for cheap

Music Hall CD25.2 (or older better model)
same as above only cheaper

Rotel RCD-970 (or newer RCD-1072 if available)
a little forward but good resolution, also on Audiogon

Musical Fidelity A3.2 just sold on Agon for $490
smooth and musical player

Some places to start.