I have recently gone the transport/dac route as it makes no sense to buy an expensive CDP and have to upgrade every two years. There are many excellent dacs now for @$1000 or less, like Bel Canto, Birdland, and EVS Millenium and these make major difference in sound quality of system. I have Musical Fidelity A3cd/Bel Canto Dac1 front end and am very impressed with results, Sam