My personal experience and bias suggests that it is not easy to achieve excellent sound with a CDP source especially on a budget... too many issues with the design and manufacture of the product, and especially SPDIF implementation.
But lets set that aside for the moment. I would argue that the hard drived based route has a lot of other advantages. I sum this up in the concept of "rip once, use many". Your digital library not only offers random access and does away with yards of ugly jewel cases; it is also portable. Want to use a USB DAC in one room, no problem. Want to download to an iPod, iPhone, AppleTV or iAnything - no problem.
Plus there is a whole host of innovative services emerging, internet radio etc - none of which require a CDP.
Because it is consumer, mass market technology ease of use gets easier daily.
The only big exception that I can see at this point in time is if you are interested in very high resolution formats - DVD-A, SACD, 384 etc.
But lets set that aside for the moment. I would argue that the hard drived based route has a lot of other advantages. I sum this up in the concept of "rip once, use many". Your digital library not only offers random access and does away with yards of ugly jewel cases; it is also portable. Want to use a USB DAC in one room, no problem. Want to download to an iPod, iPhone, AppleTV or iAnything - no problem.
Plus there is a whole host of innovative services emerging, internet radio etc - none of which require a CDP.
Because it is consumer, mass market technology ease of use gets easier daily.
The only big exception that I can see at this point in time is if you are interested in very high resolution formats - DVD-A, SACD, 384 etc.