I have the Teac, bought one month ago. Before I had the MF A3.2CD. The difference in quality for CDs is abysmal. It's a very good cd player, but not excellent: the CEC mechanic + Conrad-Jonhson P9 DAC wins the challenge for CDs, in a comparison head to head.
For the new formats, I had not yet done a lot of test, but the first impression is: wow! More dynamic, details and soundstage.
I heard the Krell SACD last week, not in my room. Like Arf, I was not impressed at all. The dynamic is great, but the sound seems a bit cold and with less body. In any case take this opinion with "tongs", because I haven't done a direct comparison between the two players.