Parasound P 5 DAC vs. CD players

Agree the P5 is a great unit in its price range; not sure anything close for the money. 

Give the Cambridge time. I think 100 hours is minimum and felt my 851C took a lot more time than that... more like 300.

When you get ready for cables try out Clear Day Cables. I'm running the double shotgun and both single and balanced cables. I am using Pauls jumpers on the speakers too as the cables are not bi-wire. If you're using the jumper strips that came on you B&Ws, try Pauls jumpers first and do a criss cross configuration with speaker wire + on the  bottom and - on the top so the jumpers will be the opposite. I think Nordost shows this on their site as their preferred jumper connection as well. Pauls a great guy to work with.

I like Kimber and WyWires power cords. You don't see WyWires come up used too often but the Kimber's do. The base WyWires Juice II PC isn't too crazy $; I have the Silver model which I think is a little better than the Kimber's so the base WyWires might be a smart buy and Alex is a good guy. He'll call you personally before building cables to make sure you're not wasting your money.

Both Clear Days and WyWires have 100% satisfaction guarantee. I like AQ cables too but you'll have spend a lot more to surpass the Clear Days. You have very nice equipment which if your total cable purchase was $60 you're not hearing what your gear is capable off. I found the speaker cable was the best place to start, then ICs, then later the PCs. All important if you have the gear for it.

Good Luck

adj101, your post is very timely as I was about to ask for suggestions regarding the next steps to improve my system. I've already settled on speakers, amp and preamp/DAC. 

I wasn't sure if I should first upgrade speaker cables, power cords or interconnect. Based on your suggestion, looks like speaker cable upgrade should be higher on the list.

I was thinking of AQ Rocket 88 that I can get for around $400 used. But Clear Day looks like a viable option and well within my budget. I need to decide which would be a better fit for my system. I really don't want to spend more than $700-800 this year on the system.

Another thing that I'm wondering about is the source. Since I'm streaming music (iMac --> iTunes --> Airplay/streaming --> Apple TV --> TosLink --> Cambridge 851D), I wonder if this is where I should start. I understand the limitations of Apple TV when used as an audio-only appliance (sample rate conversions, etc). I'm looking at Bluesound Node 2 as a possible alternative. 

So the question is which is more important, better streamer or speaker cables, keeping in mind that eventually I'll end up upgrading both.

arafiq. That's a tuff decision as if your source isn't up to the level of your other gear and cables you're not going to know if your purchase was a good one or not and will likely fault a speaker cable upgrade.

I've not heard the AQ Rocket 88 but do know the older and I think more expensive AQ Sterling + which is a fine cable. I have compared the Sterling to the Clear Days Double Shotguns and feel the Clear Days is a cleaner, more open cable that does a better job getting out of the way being less of a tone control. The bass is equal to if not slighter better on the Clear Days as well. I also use Pauls jumpers as he doesn't make bi-wire cables. Great jumpers too.

I also use Clear Days single and balanced ICs and have compared them to, again older but still very nice AQ Lapis III and Diamond III and again felt the differences were the same as the speaker wire comparison. I prefer the Clear Days.

Paul at Clear Days is a great guy and he used to send cables out first without even asking for a credit card. I'm not sure if he still does that but I know he has a 100% satisfaction guarantee that if you don't like them just send them back. I think the Double Shotguns on this site are $450. I'd be surprised the Rocket 88 is in the same league and if you did go with the Rocket 88 and don't like them I suspect you can't return them. 

Try the Clear Days and see how they sound with what you have first. If you don't like them just send them back. They do take sometime to settle in so give them time before making a decision.

Good Luck and tell Paul hi!