Similarly, in the RAM full-out mod, the entire power section is replaced with aftermarket discrete DC regulation circuits, the one-chip clock oscillator is replaced with a Superclock PCB, and the entire analog output section is replaced with buffered Audio Consulting silver transformers that as piece parts alone can cost up to $2K.
What's interesting is that essentially the same approach is repeatable across a variety of CDP models. The differentiation between machines that remains after these mods are done can be regarded as the inherent sonic signature of the OEM DAC and transport/RF section themselves, rather than the product of compromised stock power and analog sections.
When stripped back to laser, RF, and DAC, are all machines essentially the same? They are not. Allen Wright has written that the STACT/VC24-based Sonys and also those like the SCD-1/777ES with the sliding platter assemblies, are especially good mod platforms. When selecting a mule for modding, the cost and effort of the add-on work may exceed the value of original unit several-fold, so it is best to select a model with the greatest potential.
The Denon may be good as well, and as you point out, Alex has gone further than others by gutting the DAC from the machine and substituting AKM replacements. But even assuming that the AKM arrays are the best of all possible DACs, the question remains as to whether his analog section, clock, and power assemblies are equal to alternative assemblies and piece parts. The player's performance is the synergistic whole of these considerations.
I would add from my own experience with AC and DC mods, that properly implemented large SLA batteries take things to an altogether higher level than the best AC regulated power-- perhaps an equalizer in the tech wars. There are no firm rules as to how the mods all net out, of course.