Thank You all for your recommendations.
I think that i will "rip" the cd's that i have onto my Itunes library using AIFF format and do away with another big & bulky piece of equipment that i would not have space in my rack for.
Some people in the industry have advised that stand alone transport, when they break you have to throw them away as most times, parts are no longer available to fix them. There is also a consensus in the audio world that CD playback as we know it (since its introduction in 1982) will only continue to fade away in favor of music downloads and music servers. I was even discouraged from buying a CD player and advised to put invest on a good DAC with multiple digital inputs instead. Transports and CD Players can potentially introduce undesirable "jitter" (if poorly designed or as they get older) in the playback chain.
Thanks again.