I have owned both expensive gear (and I do mean expensive) and ''budget'' gear. Many components are mind-boggling on a price-paid versus performance ratio. Three of my favorites are:
1. The Bedini clarifier. This gizmo just plain works. You may like - or not - the difference it makes on your cd's. In my case, it clears up a lot of fog. The cheapest upgrade to ALL my cd's.
2. The Cayin TA-30 integrated amplifier . So much performance and flexibility for so little money. Put it up against anything up to 3 times the price, musically and from a build-quality perspective. Just plain amazing.
3. The Apple i-Pod Mini. Yes, even from in an audiophile application, playing cd's (not downloaded MP3's). You can snob it but you cannot ignore it.
Another vote for the AP Virgo IIs. Both of my brothers want to buy them from me but they are staying put. As a prior poster mentioned, when they are set up right not much can touch them.
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