Buckingham - the EAD transport you want is the T-7000. That transport plus nearly any decent DAC will smoke many of the one box players people mostly dream of. If you're looking for sheer "analog" magic from digital and have a little money to spend, the T-7000 transport plus an Audio Logic 2400 DAC would be hard to beat, save you tons of money and make the Wadia 301 sound like garbage - provided you have a decent digital cable.
Oh....by the way the Theta DATA II transport is the same mechanisim as the EAD T7000 but Theta still supports that machine. The EAD is a flakey unit and the Laser Disk drawer will close prematurely so you will need to hold it open to put in a CD. This problem isn't found on the Theta DATA II.
Plus for what its worth, EAD was recently purchased by another company.