DAC for my Apple / Airport express...suggestions


Hello all,
I have been using my Apple airport express alot more since my CD player (AMC CD6) started having issues into my Sansui (AU717) just with an RCA cable and I was interested in getting a DAC to use to see how it sounds.
I have never used a DAC so I am new to this.

I dont want to spend alot of cash...400 or so.

The DAC will need a toslink input since that is what the AE has as an output.

Any help or suggestions would be greatly appreciated

thanks
-chris
ssdestroyer
i run a musiland md-10 in this setup and it sounds good to my ears and is only about $300 from ifi audio, it will also take a usb inpud if thats useful for you
thanks for the advise. the musiland looks good. I saw there was one for sale here but now sale pending...too slow :) but new is resonable. and same thing with the chroma...too slow.
Someone recently told me about the TC Electronic Konnekt 8 as I just bought an Apple Mac Book. The price is certainly right.