I will describe to you my experience, not what I had read or heard from others. I bought Denafrips Ares II and utilized Arcam CD192 as a transport, it was great improvement, then I replaced Arcam with Cambridge CXC transport that was very noticeable improvement over Arcam transport section. I did go further up the ladder since. I have learned from my own experience that dedicated transport matters.
P.S.
I do not understand why whenever there is a discussion about CD medium, there are multitudes of posters joining in on bandwagon trying very hard to "persuade" how antiquated this concept is and the streaming is the ONLY way to go.
Then there are others coming up with ideas of an equipment with price tags severalfold exceeding clearly stated OP's budget.
Just my three cents.