I agree with Bob about HDCD. I had purchased a Music Hall CD25 as my first serious CDP, and it has HDCD. HDCD disks are wonderful. I now have a Dan Wright/Response Audio modded Music Hall CD25, which has a tube output stage. Great upgrade, will keep me satisfied until the SACD/DVD universal players are more abundant (and cheaper) and there are more SACD's and DVD's to care about.
Then I will purchase a standalone universal player.
Then I will purchase a standalone universal player.