Ahhhh....I disagree with Mdp0430 quite a bit! Looks like Mdp0430 is just looking for some excuse to reject a manuf.
>>The company has changed over many times
Wrong! The company has changed hands just once! That was in year 2000.
It is probably true that their former financial ill-health had many worried about the viability of their product but I think that it is quite safe to say that Wadia is here to stay. There is an excellent post on Head-fi.org detailing a trip to their factory. Here is the link:
http://www5.head-fi.org/forums/showthread.php?t=73480.
There are more Wadia 302s on the production floor than you can shake a stick at. Wadia just moved into a new building to *expand* production! There do not seem to be any signs of Wadia going under. I have no financial numbers to prove this beyond a reasonable doubt nor can I say that this won't happen again.
Wadia products are supported by Wadia themselves & by Steve at Great Northern Sound. If Wadia fails, Steve will be able to take care of their products thereafter.
I think that it would be quite wrong to rule out Wadia in the running based on speculative info about their going under.
The Wadia products are expensive & they might not fit your budget. That is true.
I was searching for a redbook player for many months & I chose Wadia for the long-term potential that it has & the fact that their upper tier models can be upgraded & can work with other formats (DVD-A for the time-being). You can view my opinions as biased as a product owner but I can tell you that I do not want to be saddled with a product from a defunct company any more than you do.