FWIW, before you go for the NAD542, see if you can find a Rotel RCD-02 used. I compared these two CDPs and ended up with the Rotel. Not my last CDP, but it has served me well for 6 years. My review, which includes my thoughts on the NAD, is in the review section of Audio Asylum. That said, spending more than the $350 or so that this player goes for used (your budget is twice as much) should get you better performance.