I also have a Teac 701t , it's a great player. Unfortunately it is now about $500 more than when it launched. I paid $2300 which is close to max what I planned on spending.
Not cheap but an excellent player. Using it with Lab 12 DAC. I think it is better than my Aurender N200 playing 16/44.1k streams or files.
Definitely the best player I've owned by a wide margin. I find myself using it occasionally but in that system I play more vinyl lately.
Definitely not giving up the format anytime soon. There is a period of time when much of my favorite music was only available on CD. I remember when albums were simultaneously released in Cassette, LP, and CD.
Cassettes faded fast , LPs kind of lost momentum and there was just the CD if you wanted to own your music. I often prefer the original CD, not the remaster too so I still have a lot of my favorites in rotation.