This is a very very tough question to answer, simply because the answer would vary from one cable to other and from one system to other. But I would still like to give you an answer.
If you know of a cable which is really special in your system, get it. In all probability the cable would be either a digital cable or an analog IC between your CDP and preamp. Most of the magic occurs only at such early stages of signal reproduction. We are not talking about speaker cables here, just interconnects. So, get that special cable even if it is very expensive. For the rest of the system use some decent neutral copper cables which do not harm much even they may not be anything special (something like the Audionote Lexus). In my experience the magic has already been brought into the system by that one "super" cable and you are definitely hearing a good 75-80% of the magic even with the decent inexpensive cable if not 100%.
Second case, if you split up the money in equal halves and buy two or three average to good cables, the chances of getting the same % of the magic is very very low. It is simple. The magic was because of that one extraordinary cable (you can call it high quality synergy) which is extremely difficult to replicate with a different and that too lesser cable.
In summary, if you do not know of any high-end cable which you think is amazing in your system, you may want to experiment with both the approaches. But in case, you are lucky enough to know that one great cable which does amazing things in your system, go for it. Balance the rest of the system with something that you can afford.
If you know of a cable which is really special in your system, get it. In all probability the cable would be either a digital cable or an analog IC between your CDP and preamp. Most of the magic occurs only at such early stages of signal reproduction. We are not talking about speaker cables here, just interconnects. So, get that special cable even if it is very expensive. For the rest of the system use some decent neutral copper cables which do not harm much even they may not be anything special (something like the Audionote Lexus). In my experience the magic has already been brought into the system by that one "super" cable and you are definitely hearing a good 75-80% of the magic even with the decent inexpensive cable if not 100%.
Second case, if you split up the money in equal halves and buy two or three average to good cables, the chances of getting the same % of the magic is very very low. It is simple. The magic was because of that one extraordinary cable (you can call it high quality synergy) which is extremely difficult to replicate with a different and that too lesser cable.
In summary, if you do not know of any high-end cable which you think is amazing in your system, you may want to experiment with both the approaches. But in case, you are lucky enough to know that one great cable which does amazing things in your system, go for it. Balance the rest of the system with something that you can afford.