I'm thinking about purchasing a Luxman D-08 SACD/CD Player

Also check out the AudioSharks forum as well.  Do a search for Luxman and you'll see the posting about it. Needless to say the guy seems prettyhappy with it.
If you do get one please keep us posted. The D-08u is a lust piece for me.

I recently heard from my Luxman distributor that he received an email from Luxman saying that they are discontinuing all SACD players.

Can anyone confirm this?

I seriously doubt it. 

@essrand - I just contacted Jeff Sigmund of Luxman of America.   His words " Not true. I can tell you with 100% certainty that Luxman will support SACD beyond current generation"  

To the OP.  The D-08U is an excellent SACD player.   I have owned the Esoteric K-01X and have compared both. The Luxman is much smoother and engaging.   

I have owned the D-06U and I think it is the sweet spot for Luxman spinners in terms of value.