Connect dac to Music Hall CD-25 or upgrade?


Current system:
CD Player: Music Hall CD-25
Integrated Amplifier: Musical Fidelity A300 Integrated
Speakers: Joseph Audio RM25si Mk II's
Speaker Cable: Analysis Plus Oval 12 speaker cable
Interconnect: Alpha Core Micro Purl I/C
Still using stock power cords

Here's the question:
I want to upgrade the Music Hall. I have about $1500 to spend. Am I better off using the Music Hall as a transport and spending all the $ on a DAC or should I sell the Music Hall and buy a whole new CD player? I listen to a lot of small jazz combos, female vocalists, some chamber music, and, lastly, some good old Grateful Dead.

Thanks for the help.
bnrlaw
I would not waste time with using just any old cd player as a transport, a dedicated transport is the only way to go if you ever want to hear what your dac, and system as a whole, is capable of. Sure, an external dac can help a wee bit if added to a lesser or dated cd player, but if you can't afford to do both right, a one box setup will get you pretty close and possibly even more for your money if on a tight budget. The transports' impact is huge, at least as important as the dac itself. I would suggest selling your current player and either buying the best one box unit you can afford or split your funds pretty evenly and buy a dedicated transport and dac with good cables (don't forget the extra expense and clutter of addional cables!).

The Musical Fidelity A3 24 dac is one of the best I've ever heard, among many, and is very competetive with a couple of $10-30K digital setups I've recently played with, but ONLY when fed by a top notch transport. A couple of folks have posted less then enthusiastic results with this dac, but their transport where, to not hold anything back, crap. If crap goes in, only more crap can come out. In my experience, if you feed the MF dac through your cd player, changer or dvd player it can sound plain bad and you'll wonder what all the fuss is about, but give it a solid transport and it's simply magical, you'll leave any thoughts of going to SACD or vinyl far as possible from your mind. IMNSHO, for the price you'll find none better then the MF dac, period, very highly recommended.
I disagree with the statement that an external dac won't do much to improve upon the sound of a lesser cd player. I have a Rotel RCD 971 and was auditioning integrated amps with it as a source. For fun the dealer connected it to an MSB Nelson dac III. Let me tell you , the difference was night and day. I also tried a Rega pLanet 2000 without a dac (which is supposedly quite a good player), but there was simply no comparison. The dealer also had a cheap universal player from Pioneer which was connected to the nelson dac... this setup also blew away the Planet 2000 in every way...depth, dynamics, soundstaging, blackness, detail retreival...

I took the Nelson home. Simple as that.
upgrade the power cord is a great idear..music hall uses a phillips transport .its a great transport .so many other people use it in there cd players to so keep the player.as to a dac get the msb link dac 3...i did and like it a lot i listen to the same kind of music you do ...there are alot of them for sale now on here.get 24/96 upgrade...you already have hdcd with that player .....i did upgrade my power supply for this unit...and get some good cables digiflux are doing great for me ....your looking at about a 400.00 to 600.00 dollars to do this if it dont work sale it on here again every body else does.......i think you will like it ........but thats my thoughts on this .......save the other money to bye something else